Podcast appearances and mentions of eric satz

Welcome back to the Alt Goes Mainstream podcast.Today's episode dives into an important and growing part of the private markets ecosystem: how investors can access and invest into alternatives through their retirement funds.We have Eric Satz, the Founder & CEO of Alto, a self-directed IRA custodian, with us today to discuss how he's on a mission to provide everyday Americans with the same investment opportunity long favored by institutional investors.Alto provides custody for a wide array of alternative assets, including private companies, real estate, crypto, loans, and securitized collectibles. Alto has streamlined the process for companies, funds, and SEC-registered investment platforms to include IRA investors in their offerings. They've partnered with firms across the alts space, including AngelList, Coinbase, EquityZen, Republic, Masterworks, and others, to enable investors to invest into private markets with their IRA.Eric is a serial entrepreneur and former investment banker. He worked at DLJ / Credit Suisse First Boston before co-founding Currenex (acquired by State Street for $564M), Plumgood Food, and Tennessee Community Ventures. His passion for entrepreneurship led him to serve on the Board of the Tennessee Valley Authority from 2015 to 2018 and he teaches an entrepreneurship class to high school students.On today's podcast, Eric teaches us all about the merits of a self-directed IRA. We had a fascinating discussion about why and how it makes sense to use an IRA to invest into private markets investments and how he's taking lessons learned from prior IRA businesses to build Alto.We discussed:Rethinking retirement investing.The evolution of the self-directed IRA market.Alto's vision: TurboTax for IRAs.Structural challenges with using IRAs for private markets investments.The role of technology with streamlining retirement investing.The evolution in investor awareness of retirement investing.The importance of duration matching.Thanks Eric for coming on the show to share your knowledge and passion for alternatives.Show Notes00:00 Introduction: Going Mainstream00:38 Welcome to Alt Goes Mainstream Podcast00:52 Introducing Eric Satz and Alto01:33 Eric's Background and Entrepreneurial Journey01:57 The Mission of Alto02:01 The TurboTax for IRAs02:05 The Importance of Retirement Accounts in Private Markets02:29 Welcoming Eric to the Podcast02:37 The Evolution of Private Markets and IRAs02:51 The Beginnings of Alto03:13 Challenges in Self-Directed IRAs03:54 The Vision for Self-Directed IRAs04:28 Changing Conventional Wisdom on Retirement Investing05:40 The Demographics of the IRA Industry06:21 The Growth of IRA Accounts06:38 The Allocation to Alternative Assets07:36 Barriers to Private Market Investments in IRAs07:50 Psychological Barriers to Alternative Investments08:35 Structural Challenges in Using IRAs for Private Investments08:53 The Role of Technology in Streamlining Investments09:02 The Launch of Alto with AngelList10:05 The User Journey in Private Market Investments10:43 The Role of Financial Advisors11:10 Educating Investors on Private Markets12:25 The Evolution of Investor Knowledge12:35 The Importance of Tax-Advantaged Investments13:11 The Financial Advisor's Perspective14:05 The Benefits of Illiquidity in Private Markets15:54 The Role of Large Asset Managers16:17 The Branding of Private Markets16:45 The Growth of Athene and Financial Advisors16:57 The Importance of Current Income in Retirement Accounts17:43 The Younger Generation's Investment Behavior18:05 The Impact of Evergreen Fund Structures19:04 The Role of Asset Management Firms20:02 The Future of Private Market Solutions20:15 The Role of Alto in Private Market Investments20:54 The Importance of Infrastructure in Private Markets21:44 The Evolution of Alto's Business Model21:50 The Growing Awareness of Private Markets23:57 The Role of the Alto Marketplace24:35 The Inclusion of Crypto in IRAs25:17 The Challenges of Transitioning Assets to IRAs25:50 The Impact of Friction on Investment Decisions27:46 The Success of Alto's Technology28:35 The Role of Funds in Promoting IRAs29:36 The Future of Private Markets and Wealth Channels31:11 The Role of Financial Advisors in Private Markets31:58 Educating Financial Advisors on IRAs32:13 The Importance of Conferences and Networking47:13 The Future of Private Markets and Retirement Accounts47:32 The Role of Regulations in Private Market Investments50:27 Conclusion: The Potential of Retirement Accounts in Private MarketsEditing and post-production work for this episode was provided by The Podcast Consultant.

Takeaways: Why it's not so much that Eric is a believer in alternative assets, but that he believes in a diversification of investment portfolios. That illiquidity of alternative assets is a feature, not a bug. The legal challenges of getting Alto started took longer than the anticipated technical challenges of simplifying the workflow processes of alternative investments.The 'greater fool' theory in investments.How public markets are no longer being driven by the fundamentals of investing and operating.Alto's three levels of operation: a software business which owns a trust company and also owns a securities company.'Historically good returns' in alternative investments = returns that exceed public market returns.Bitcoin, like money, is an invention based on faith.What comprises 'luck' in business: hard work, opportunity, and a third vector: remaining open to what's happening in the market.The cost - and there is one - to entrepreneurship.

Nate Gee hosts Eric Satz, Founder and CEO of Alto, a self-directed IRA custodian that facilitates individuals' tax-advantaged investments in alternative asset classes. With the goal of “alternatives for all,” Alto aims to be the world's premier alternative assets marketplace. In this episode, they discuss: - Eric's career journey and how Alto came about - Why alternative investments as a means of diversification, and why now - Alto's growth in a space of increasing competition - Alto's capabilities with crypto - Expanding access to alternatives - Eric's advice and insights from years as a founder, operator, and investor - And much more! About Alto As a self-directed IRA custodian, Alto launched its original Alto IRA platform in 2018 to simplify the process for individuals to diversify their retirement investments beyond stocks and bonds into a range of assets from private equity and credit to real estate, art, and wine. Supplementary to its original platform, Alto launched its CryptoIRA in 2020 to facilitate tax-advantaged crypto trading. About Eric Satz Before founding Alto, Eric worked as an investment banker, serial entrepreneur, and venture capitalist. Among his prior ventures, he co-founded Currenex, which was acquired by State Street for $564M. Eric graduated from Amherst College and currently resides in Nashville, Tennessee. For more FinTech insights, follow us on WFT Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech WFT Instagram: instagram.com/whartonfintech Nate's LinkedIn: https://www.linkedin.com/in/nathan-c-gee/

Hi guys, welcome to the Fintech Coffee Break, I'm your host Isabelle Castro. This week I shared my coffee break with Eric Satz, CEO and founder of Alto. Alto is an investment FinTech focused primarily on individual retirement accounts, so IRAs. The platform offers investors the opportunity to invest retirement money in alternative assets, moving away from traditional strategies. Eric and I spoke about why the traditional 60:40 approach is no longer the best way, what alternative assets bring to the mix, and why crypto, despite being volatile, is a suitable asset to add to an IRA portfolio.

Welcome back to the Alt Goes Mainstream podcast.Today's episode dives into an important and growing part of the alts ecosystem: how investors can access and invest into alternatives through their retirement funds.We have Eric Satz, the CEO of Alto, a self-directed IRA custodian, with us today to discuss how he's on a mission to provide everyday Americans with the same investment opportunity long favored by institutional investors.Alto provides custody for a wide array of alternative assets, including private companies, real estate, crypto, loans, and securitized collectibles. Alto has streamlined the process for companies, funds, and SEC registered investment platforms to include IRA investors in their offerings. They've partnered with firms across the alts space, including AngelList, Coinbase, EquityZen, Republic, Masterworks, and others, to enable investors to invest into private markets with their IRA.Eric is a serial entrepreneur and former investment banker. He worked at DLJ / Credit Suisse First Boston before co-founding Currenex (acquired by State Street for $564M), Plumgood Food, and Tennessee Community Ventures. His passion for entrepreneurship led him to serve on the Board of the Tennessee Valley Authority from 2015 to 2018 and he teaches an entrepreneurship class to high school students.On today's podcast, Eric teaches us all about the merits of a self-directed IRA. He shares why and how it makes sense to use an IRA to invest into private markets investments and how he's taking lessons learned from prior IRA businesses to build Alto.Thanks Eric for coming on the show to share your knowledge and passion for alternatives.

This episode was produced remotely using the ListenDeck standardized audio & video production system. If you're looking to jumpstart your podcast miniseries or upgrade your podcast or video production please visit www.ListenDeck.com. You can subscribe to this podcast and stay up to date on all the stories here on Apple Podcasts, Google Podcasts, Stitcher, Spotify, Amazon and iHeartRadio. In this episode the host John Siracusa chats remotely with Eric Satz, Founder & CEO at Alto.  Alto Solutions delivers an easy-to-use, automated process for investing in alternatives with IRA savings.   Subscribe now on Apple Podcasts, Google Podcasts, Stitcher, Spotify, Amazon and iHeartRadio to hear next Thursdays episode with John Brisco from Coherent.   About the host:   John is the founder of ListenDeck a full-service podcast and video production company, which has produced over 1000 episodes of various podcasts. He is the host of the ‘Bank On It' podcast, which features over 500 episodes starring high profile fintech leaders and entrepreneurs.    Follow John on LinkedIn, Twitter, Medium

This episode was produced remotely using the ListenDeck standardized audio & video production system. If you're looking to jumpstart your podcast miniseries or upgrade your podcast or video production please visit www.ListenDeck.com. You can subscribe to this podcast and stay up to date on all the stories here on Apple Podcasts, Google Podcasts, Stitcher, Spotify, Amazon and iHeartRadio. In this episode the host John Siracusa chats remotely with Jason Brown,  Founder & CEO at Tally.  Tally is a financial automation company that helps members in paying off their credit card debt.   Subscribe now on Apple Podcasts, Google Podcasts, Stitcher, Spotify, Amazon and iHeartRadio to hear next Thursdays episode with Eric Satz from Alto.   About the host:   John is the founder of ListenDeck a full-service podcast and video production company, which has produced over 1000 episodes of various podcasts. He is the host of the ‘Bank On It' podcast, which features over 500 episodes starring high profile fintech leaders and entrepreneurs.    Follow John on LinkedIn, Twitter, Medium

Eric Satz is the co-founder, president and CEO of Alto, developer of an alternative asset investment platform intended to connect everyday investors to alternative investment opportunities. Satz and his team raised $39.94 million of Series B venture funding in 2022, putting the company's pre-money valuation at $250 million. He talks about the capital-raising process and what the future holds for Alto.  

Eric Satz is a serial entrepreneur who sold one of his companies for $560M. His latest venture, which is empowering individuals to invest in more alternative assets with great tax advantages, has already rasied $70M through a Series B round. The venture, Alto, has acquired funding from top-tier investors like Unusual Ventures, Alpha Edison, Foundation Capital, and Acrew Capital.

Eric Satz is the Founder & CEO of Alto IRA. In this conversation you'll learn everything you need to know about opening up a retirement account. We also discuss Alto's unique offering of adding Bitcoin & Cryptocurrencies to your retirement account along with the potential benefits and risks. ======================= Compass Mining is the world's first online marketplace for bitcoin mining hardware and hosting. Compass was founded with the goal of making it easy for everyone to mine bitcoin. Visit https://compassmining.io/ to start mining bitcoin today! ======================= If you're trying to grow and preserve your crypto-wealth, optimizing your taxes is just as lucrative as trying to find the next hidden gem.Alto IRA can help you invest in crypto in tax-advantaged ways to help you preserve your hard earned money. Alto CryptoIRA lets you invest in more than 200 different coins and tokens with all the same tax advantages of an IRA.They make it easy to fund your Alternative IRA or CryptoIRA via your 401(k) or IRA rollover or by contributing directly from your bank account. There are no setup or account fees, and it's all you need to do to invest in crypto tax free. Let me repeat that again:You can invest in crypto tax free. So, ready to take your investments to the next level? Diversify like the pros and trade without tax headaches. Open an Alto CryptoIRA to invest in crypto tax-free. Just go to https://altoira.com/pomp ======================= The number one name in NFT domains and the world's most powerful wallet are teaming up to bring something new to the crypto and Web3 world: That's right, Unstoppable Domains and Blockchain.com partnered to create NFT domain names ending in .Blockchain. It's the perfect ending to show that you're a believer in a decentralized future. The Blockchain.com community can get one, for free by signing up for the waitlist here. Free NFT domains provide all the benefits of premium Unstoppable Domains, including fee-free, lifelong ownership. Don't have a Blockchain.com wallet? No worries, these new domains are available to everyone for as low as $5. Either sign up for a free blockchain.wallet or visit Unstoppabledomains.com to buy your domain today. ==================

In this episode of Startup Hustle, Matt Watson and Eric Satz, Founder and CEO of Alto Solutions, discuss ways to build and diversify your investment portfolio, how to gain access to various asset classes, and ultimately have more understanding and control of your investments.   Find Startup Hustle Everywhere: https://gigb.co/l/YEh5   This episode is sponsored by Full Scale: https://fullscale.io/   Learn more about Alto Solutions: https://www.altoira.com/   Listen to the "Nashville Top Startups" overview episode: https://link.chtbl.com/nashville   Read about Nashville's Top Startups: https://startuphustle.xyz/blog/nashville-top-startups-2022  See omnystudio.com/listener for privacy information.

This episode was originally aired on February 12, 2021. Life isn't always black and white, and sometimes the gray is controversial. This week's guest firmly believes in staying true to himself, living by his grandmother's maxim: “What other people think of you is none of your business.” In this episode, you'll hear that come to life. When asked to describe himself, he said gratitude, resilience, and enthusiasm. This is a man who now has his own unit of time: A “Scaramucci.” Anthony was a successful entrepreneur, financier, and political player well before stepping up to the podium as White House Director of Communications in 2017—for 11 days. Reflecting on this trajectory with surprising self-awareness, Anthony shares stories of the people and places that gave him the stomach to make mistakes, move past failure, and charge forward, living unapologetically big. For Anthony, choosing risk and testing his resilience are central to being alive, and not at all contradictory to being a conservative institutionalist. A blue-collar-born elite—educationally, socially, and financially—Anthony speaks the vernacular of the person he's talking to. He knows who he is, but he keeps us guessing.  (2:36) – Who is Anthony Scaramucci? (11:03) – Growing up in Port Washington (16:55) – Getting fired from the White House (19:01) – A “Scaramucci” (22:47) – Ruling over serving (32:01) – Betting on yourself (37:45) – Challenges for the average American investor (44:23) – Bitcoin funds for SkyBridge (51:18) – Acknowledging hypocrisy Anthony Scaramucci is the founder and managing partner of SkyBridge Capital. Previously, he co-founded Oscar Capital Management, which was sold to Neuberger Berman LLC in 2001, and served as the Vice President in private wealth management at Goldman Sachs. Anthony was the White House Communications Director for a short period in July 2017 under President Trump. He has published four books: The Little Book of Hedge Funds, Goodbye Gordon Gekko, Hopping Over the Rabbit Hole, and Trump: The Blue-Collar President. He earned a bachelor's degree in economics from Tufts University and a Juris Doctor from Harvard Law School.  Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz on Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review on Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

This episode was originally aired on February 12, 2021. Life isn't always black and white, and sometimes the gray is controversial. This week's guest firmly believes in staying true to himself, living by his grandmother's maxim: “What other people think of you is none of your business.” In this episode, you'll hear that come to life. When asked to describe himself, he said gratitude, resilience, and enthusiasm. This is a man who now has his own unit of time: A “Scaramucci.” Anthony was a successful entrepreneur, financier, and political player well before stepping up to the podium as White House Director of Communications in 2017—for 11 days. Reflecting on this trajectory with surprising self-awareness, Anthony shares stories of the people and places that gave him the stomach to make mistakes, move past failure, and charge forward, living unapologetically big. For Anthony, choosing risk and testing his resilience are central to being alive, and not at all contradictory to being a conservative institutionalist. A blue-collar-born elite—educationally, socially, and financially—Anthony speaks the vernacular of the person he's talking to. He knows who he is, but he keeps us guessing.  (2:36) – Who is Anthony Scaramucci? (11:03) – Growing up in Port Washington (16:55) – Getting fired from the White House (19:01) – A “Scaramucci” (22:47) – Ruling over serving (32:01) – Betting on yourself (37:45) – Challenges for the average American investor (44:23) – Bitcoin funds for SkyBridge (51:18) – Acknowledging hypocrisy Anthony Scaramucci is the founder and managing partner of SkyBridge Capital. Previously, he co-founded Oscar Capital Management, which was sold to Neuberger Berman LLC in 2001, and served as the Vice President in private wealth management at Goldman Sachs. Anthony was the White House Communications Director for a short period in July 2017 under President Trump. He has published four books: The Little Book of Hedge Funds, Goodbye Gordon Gekko, Hopping Over the Rabbit Hole, and Trump: The Blue-Collar President. He earned a bachelor's degree in economics from Tufts University and a Juris Doctor from Harvard Law School.  Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz on Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review on Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

Despite the 280-character limit, Brian Feroldi has found a way to utilize Twitter as a profound tool for sharing insight into financial health and taking a money mindset. Whether on social media, YouTube, or The Motley Fool, Brian is dedicated to discussing personal finance and investing in plain language that everyone can understand.   Brian Feroldi is a financial educator and writer focused on demystifying the stock market and promoting financial wellness. In addition to being featured on The Motley Fool, Brian recently published Why Does the Stock Market Go Up? in April 2022.    In this episode, Brian shares his conservative personal finance approach and how it enables his aggressive investment strategy, which includes his 3% rule and how his investments reveal what their positions should be in his portfolio. Brian discusses understanding the basics of the stock market and endorses index funds, dollar-cost averaging, and portfolio diversification. He also provides insight into the labor involved in trading individual stocks and their role in his investment portfolio. Later in the episode, Brian and Eric discuss educating your children about finance and the approaches that have worked in their households.  (2:19) – Who is Brian Feroldi? (4:57) – The college years (7:36) – Resisting lifestyle creep (9:44) – Not all debt is equal (12:00) – Buy now, pay later (16:34) – Index funds (20:00) – Dollar-cost averaging (21:02) – Human nature vs. the market (24:46) – Understanding share price fluctuations (27:41) – The future is unpredictable (31:27) – Enjoying the process of investing (32:46) – The Motley Fool and David Gardner (35:05) – Portfolio diversification (39:25) – Going above 3% (41:31) – Boston and wonton soup (43:41) – A natural-born saver (46:20) – Teaching children about personal finance Eric Satz—entrepreneur, serial investor, lover of hot peppers—is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32

Despite the 280-character limit, Brian Feroldi has found a way to utilize Twitter as a profound tool for sharing insight into financial health and taking a money mindset. Whether on social media, YouTube, or The Motley Fool, Brian is dedicated to discussing personal finance and investing in plain language that everyone can understand.   Brian Feroldi is a financial educator and writer focused on demystifying the stock market and promoting financial wellness. In addition to being featured on The Motley Fool, Brian recently published Why Does the Stock Market Go Up? in April 2022.    In this episode, Brian shares his conservative personal finance approach and how it enables his aggressive investment strategy, which includes his 3% rule and how his investments reveal what their positions should be in his portfolio. Brian discusses understanding the basics of the stock market and endorses index funds, dollar-cost averaging, and portfolio diversification. He also provides insight into the labor involved in trading individual stocks and their role in his investment portfolio. Later in the episode, Brian and Eric discuss educating your children about finance and the approaches that have worked in their households.  (2:19) – Who is Brian Feroldi? (4:57) – The college years (7:36) – Resisting lifestyle creep (9:44) – Not all debt is equal (12:00) – Buy now, pay later (16:34) – Index funds (20:00) – Dollar-cost averaging (21:02) – Human nature vs. the market (24:46) – Understanding share price fluctuations (27:41) – The future is unpredictable (31:27) – Enjoying the process of investing (32:46) – The Motley Fool and David Gardner (35:05) – Portfolio diversification (39:25) – Going above 3% (41:31) – Boston and wonton soup (43:41) – A natural-born saver (46:20) – Teaching children about personal finance Eric Satz—entrepreneur, serial investor, lover of hot peppers—is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32

A pair of headphones tangling in the spokes of a bike is one of the more unique inciting moments of an entrepreneurial venture. While his entrepreneurial spirit would lead him to Hong Kong and scouting factories in Southern China, it was Sheel Mohnot's experience working in India with Kiva that would greatly influence his career as an investor. Impacted by the individuals he met, Sheel discovered a passion for investing in resilient and tenacious people. Sheel Mohnot is a seed-stage fintech investor, co-founder and GP of Better Tomorrow Ventures, and founder and GP of 500 Fintech. Inspired to “work on hard problems'' by renowned Professor C.K. Prahalad during his MBA at University of Michigan, Sheel has created and led a number of companies and served as a personal angel investor. In this episode, Sheel discusses the key lessons he has learned in fintech investing about dilution, recognizing resilient founders, and the reality of investing in an unsuccessful company. Sheel shares stories of his early ventures and insights into his current projects, including his collaboration with Jake Gibson on Better Tomorrow Ventures. (3:14) – A father's journey (8:56) – High school and beyond (13:10) – Indicorps and Kiva (18:11) – Returning to business school (21:50) – The first entrepreneurial venture (29:36) – FeeFighters (38:54) – 500 Fintech (47:08) – Investing in the jockey (51:41) – Better Tomorrow Ventures Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32

A pair of headphones tangling in the spokes of a bike is one of the more unique inciting moments of an entrepreneurial venture. While his entrepreneurial spirit would lead him to Hong Kong and scouting factories in Southern China, it was Sheel Mohnot's experience working in India with Kiva that would greatly influence his career as an investor. Impacted by the individuals he met, Sheel discovered a passion for investing in resilient and tenacious people. Sheel Mohnot is a seed-stage fintech investor, co-founder and GP of Better Tomorrow Ventures, and founder and GP of 500 Fintech. Inspired to “work on hard problems'' by renowned Professor C.K. Prahalad during his MBA at University of Michigan, Sheel has created and led a number of companies and served as a personal angel investor. In this episode, Sheel discusses the key lessons he has learned in fintech investing about dilution, recognizing resilient founders, and the reality of investing in an unsuccessful company. Sheel shares stories of his early ventures and insights into his current projects, including his collaboration with Jake Gibson on Better Tomorrow Ventures. (3:14) – A father's journey (8:56) – High school and beyond (13:10) – Indicorps and Kiva (18:11) – Returning to business school (21:50) – The first entrepreneurial venture (29:36) – FeeFighters (38:54) – 500 Fintech (47:08) – Investing in the jockey (51:41) – Better Tomorrow Ventures Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32

An In-N-Out burger might be the key to lasting, meaningful professional relationships. Popping out of the office to grab a bite to eat was one of the ways Rachael Horwitz bonded with colleagues in her early years at Google, and the relationships formed during these years would lead to incredible career opportunities in her future. Rachael Horwitz is a communications expert, currently serving as the Chief Marketing Officer at Haun Ventures. Previously, Rachael was an Operating Partner at Andreessen Horowitz, and she has served on and led communications teams at Google, Facebook, Twitter, and Coinbase during major growth stages for each company. From an early age, Rachael sensed an entrepreneurial spirit in her family. In this episode, she shares how a desire to surround herself with smart, driven young people drew her to Google in the mid-2000s, where she discovered a love of working in an engineering and product-focused culture. Rachael reflects on being a “marathoner” in her professional career, including her journey traversing several high-growth opportunities and the risks she took joining companies in their early stages. Speaking with Eric, Rachael discusses interpersonal communication in the workplace, assuming good intentions, and prioritizing forming strong relationships with peers. She shares her experience earning the role of Vice President of Communications at Coinbase and the major effort (and enthusiasm) she put into her interview process. In transitioning to her most recent role at Haun Ventures, Rachael talks about collaborating with her mentor and friend Katie Haun on the exciting new project.  (1:38) – Who is Rachael Horwitz? (5:26) – The power of California (8:55) – The early years (13:35) – Embracing risk (16:19) – High-growth opportunities (17:51) – Advice for younger Rachael (20:55) – Self-awareness (24:06) – Assuming good intentions (27:58) – From politics to Google (32:55) – Forming the strongest bonds (41:28) – Jazz and karaoke (45:56) – Twitter to Facebook to Spark Capital (47:43) – Joining Coinbase (55:29) – Haun Ventures Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

An In-N-Out burger might be the key to lasting, meaningful professional relationships. Popping out of the office to grab a bite to eat was one of the ways Rachael Horwitz bonded with colleagues in her early years at Google, and the relationships formed during these years would lead to incredible career opportunities in her future. Rachael Horwitz is a communications expert, currently serving as the Chief Marketing Officer at Haun Ventures. Previously, Rachael was an Operating Partner at Andreessen Horowitz, and she has served on and led communications teams at Google, Facebook, Twitter, and Coinbase during major growth stages for each company. From an early age, Rachael sensed an entrepreneurial spirit in her family. In this episode, she shares how a desire to surround herself with smart, driven young people drew her to Google in the mid-2000s, where she discovered a love of working in an engineering and product-focused culture. Rachael reflects on being a “marathoner” in her professional career, including her journey traversing several high-growth opportunities and the risks she took joining companies in their early stages. Speaking with Eric, Rachael discusses interpersonal communication in the workplace, assuming good intentions, and prioritizing forming strong relationships with peers. She shares her experience earning the role of Vice President of Communications at Coinbase and the major effort (and enthusiasm) she put into her interview process. In transitioning to her most recent role at Haun Ventures, Rachael talks about collaborating with her mentor and friend Katie Haun on the exciting new project.  (1:38) – Who is Rachael Horwitz? (5:26) – The power of California (8:55) – The early years (13:35) – Embracing risk (16:19) – High-growth opportunities (17:51) – Advice for younger Rachael (20:55) – Self-awareness (24:06) – Assuming good intentions (27:58) – From politics to Google (32:55) – Forming the strongest bonds (41:28) – Jazz and karaoke (45:56) – Twitter to Facebook to Spark Capital (47:43) – Joining Coinbase (55:29) – Haun Ventures Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

Shane Mac is particularly proud of one of the several successful companies he co-founded in the last 10 years: Squared Away. Co-founded with his former assistant without venture funding, Squared Away connects military spouses with quality remote employment opportunities.  In addition to Squared Away, Shane is the co-founder and President of XMTP, founder and General Partner of Logos Labs, and a passionate writer and musician. He also co-founded and served as CEO of Assist, which was acquired by Verint after merging with Conversocial. In this episode, Shane provides insight into his impressive trajectory, beginning with crucial advice he received from his brother during his senior year of high school. He discusses the additional influential figures who have helped shape his path and what they have accomplished together by embracing curiosity and communication. Shane opens up about managing anxiety and sobriety while discussing relocating from San Francisco to Nashville, and his exciting ideas for the “switchboard” city. Later in the episode, Shane talks Eric through his current projects, including a glimpse into his ready-to-launch XMTP, a new communication protocol for Web3, which, if all goes well, will be virtually invisible. (1:44) – Following his curiosity (4:55) – A brother's impact (6:21) – Baseball (8:09) – Finding music (12:32) – Exploring e-commerce (15:00) – Microblogging (17:25) – Developing Assist (23:33) – Examining company culture (28:03) – Squared Away (35:12) – Escaping San Francisco for Nashville (37:01) – Dealing with anxiety (40:24) – Designing the perfect day (43:50) – Cauliflower gnocchi and Taco Bell (47:05) – XMTP (57:44) – Logos Labs Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

Shane Mac is particularly proud of one of the several successful companies he co-founded in the last 10 years: Squared Away. Co-founded with his former assistant without venture funding, Squared Away connects military spouses with quality remote employment opportunities.  In addition to Squared Away, Shane is the co-founder and President of XMTP, founder and General Partner of Logos Labs, and a passionate writer and musician. He also co-founded and served as CEO of Assist, which was acquired by Verint after merging with Conversocial. In this episode, Shane provides insight into his impressive trajectory, beginning with crucial advice he received from his brother during his senior year of high school. He discusses the additional influential figures who have helped shape his path and what they have accomplished together by embracing curiosity and communication. Shane opens up about managing anxiety and sobriety while discussing relocating from San Francisco to Nashville, and his exciting ideas for the “switchboard” city. Later in the episode, Shane talks Eric through his current projects, including a glimpse into his ready-to-launch XMTP, a new communication protocol for Web3, which, if all goes well, will be virtually invisible. (1:44) – Following his curiosity (4:55) – A brother's impact (6:21) – Baseball (8:09) – Finding music (12:32) – Exploring e-commerce (15:00) – Microblogging (17:25) – Developing Assist (23:33) – Examining company culture (28:03) – Squared Away (35:12) – Escaping San Francisco for Nashville (37:01) – Dealing with anxiety (40:24) – Designing the perfect day (43:50) – Cauliflower gnocchi and Taco Bell (47:05) – XMTP (57:44) – Logos Labs Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

Moving to the United States from Milan in 2001—mere months before September 11—Lorenzo Thione was quickly forced to reckon with life's lack of guarantees. The only life worth living was an authentic one. Coming out was a must, and he never looked back. Lorenzo Thione is an entrepreneur, technologist, venture investor, and producer making an impact across several organizations: Gaingels, Sing Out, Louise! Productions, The Social Edge, and StartOut. He is a resolute LGBTQ community advocate and dedicated to amplifying underrepresented voices and stories. In this episode, Lorenzo discusses co-founding StartOut and managing Gaingels, and their respective commitments to LGBTQ entrepreneurs. He reflects on the significance of receiving funding and value from a diverse source and the immense impact of representation. In addition, Lorenzo shares insights into selling a company and assembling a diverse board of directors and leadership team. A true multi-hyphenate, Lorenzo speaks with Eric about his journey developing a Broadway musical alongside George Takei. Weaving his theatrical pursuits alongside his entrepreneurial advice, Lorenzo shares the profound inspiration for Allegiance and an exciting announcement about the future of the musical. (0:39) – Entrepreneur at heart (5:13) – Computer science (7:53) – Feeling different (11:27) – The power of representation (14:59) – LGBTQ advocacy and StartOut (19:18) – Gaingels (26:44) – Going beyond VC (28:46) – Diversifying a board of directors (34:20) – The road to Broadway with Allegiance (47:24) – What's the hardest thing about being an entrepreneur? (49:54) – Selling a company Eric Satz—entrepreneur, serial investor, lover of hot peppers—is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

Moving to the United States from Milan in 2001—mere months before September 11—Lorenzo Thione was quickly forced to reckon with life's lack of guarantees. The only life worth living was an authentic one. Coming out was a must, and he never looked back. Lorenzo Thione is an entrepreneur, technologist, venture investor, and producer making an impact across several organizations: Gaingels, Sing Out, Louise! Productions, The Social Edge, and StartOut. He is a resolute LGBTQ community advocate and dedicated to amplifying underrepresented voices and stories. In this episode, Lorenzo discusses co-founding StartOut and managing Gaingels, and their respective commitments to LGBTQ entrepreneurs. He reflects on the significance of receiving funding and value from a diverse source and the immense impact of representation. In addition, Lorenzo shares insights into selling a company and assembling a diverse board of directors and leadership team. A true multi-hyphenate, Lorenzo speaks with Eric about his journey developing a Broadway musical alongside George Takei. Weaving his theatrical pursuits alongside his entrepreneurial advice, Lorenzo shares the profound inspiration for Allegiance and an exciting announcement about the future of the musical. (0:39) – Entrepreneur at heart (5:13) – Computer science (7:53) – Feeling different (11:27) – The power of representation (14:59) – LGBTQ advocacy and StartOut (19:18) – Gaingels (26:44) – Going beyond VC (28:46) – Diversifying a board of directors (34:20) – The road to Broadway with Allegiance (47:24) – What's the hardest thing about being an entrepreneur? (49:54) – Selling a company Eric Satz—entrepreneur, serial investor, lover of hot peppers—is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

When was the last time you read Time cover to cover? This episode's guest would read and discuss the magazine issues with her father every week as a child. It was an activity she didn't quite appreciate at the time, but those in-depth discussions provided a foundation for understanding the world beyond Harlem and sparked a lifetime of curiosity and an industry-spanning career. Lorine Pendleton—investor, advisor, and attorney—started her career in the halls of Capitol Records, earned her law degree, and continued her path in startups until discovering an unsettling fact: Less than 1% of venture capital was deployed to Black founders. Today, Lorine is a Lead Investment Partner at Portfolia in the Rising America Funds, which are dedicated to funding historically ignored founders and communities. In this episode, Lorine shares insight into the unique path she has carved through technology, entertainment, and law. Calling upon her investment expertise, she discusses the challenges faced by women, people of color, and LGBTQ individuals in gaining access to and receiving funding. Lorine provides a glimpse into the decision-making process at Portfolia, and she explains the role entrepreneurship can have in shifting wealth, particularly in the next decade. Later in the episode, Lorine shares with Eric several highlights in recent investments, how TIGER 21 is cultivating an empowered network of high-net-worth individuals, and her relationship with angel investing.  (2:22) - “Talent is equally distributed, but opportunity is not.” (7:01) - A father's influence (9:02) - Harlem in the 70s (10:14) - Moving to the ‘burbs (16:34) - Attending Brown University (20:35) - Capitol Records (25:15) - Exploring the world of startups (27:37) - Pipeline Angels (30:40) - Portfolia (35:58) - The decision-making process (39:11) - Investment highlights (40:30) - TIGER 21 (43:35) - Angel investing Lorine Pendleton is a seasoned investor, business development executive, attorney, and public speaker with extensive experience in the legal, technology, media, and entertainment industries. She is a Lead Investment Partner at Portfolia in the Rising America Funds, the New York Chair at TIGER 21, and a Board Member of the Angel Capital Association. Lorine received a BA from Brown University and a JD from New York Law School. Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

When was the last time you read Time cover to cover? This episode's guest would read and discuss the magazine issues with her father every week as a child. It was an activity she didn't quite appreciate at the time, but those in-depth discussions provided a foundation for understanding the world beyond Harlem and sparked a lifetime of curiosity and an industry-spanning career. Lorine Pendleton—investor, advisor, and attorney—started her career in the halls of Capitol Records, earned her law degree, and continued her path in startups until discovering an unsettling fact: Less than 1% of venture capital was deployed to Black founders. Today, Lorine is a Lead Investment Partner at Portfolia in the Rising America Funds, which are dedicated to funding historically ignored founders and communities. In this episode, Lorine shares insight into the unique path she has carved through technology, entertainment, and law. Calling upon her investment expertise, she discusses the challenges faced by women, people of color, and LGBTQ individuals in gaining access to and receiving funding. Lorine provides a glimpse into the decision-making process at Portfolia, and she explains the role entrepreneurship can have in shifting wealth, particularly in the next decade. Later in the episode, Lorine shares with Eric several highlights in recent investments, how TIGER 21 is cultivating an empowered network of high-net-worth individuals, and her relationship with angel investing.  (2:22) - “Talent is equally distributed, but opportunity is not.” (7:01) - A father's influence (9:02) - Harlem in the 70s (10:14) - Moving to the ‘burbs (16:34) - Attending Brown University (20:35) - Capitol Records (25:15) - Exploring the world of startups (27:37) - Pipeline Angels (30:40) - Portfolia (35:58) - The decision-making process (39:11) - Investment highlights (40:30) - TIGER 21 (43:35) - Angel investing Lorine Pendleton is a seasoned investor, business development executive, attorney, and public speaker with extensive experience in the legal, technology, media, and entertainment industries. She is a Lead Investment Partner at Portfolia in the Rising America Funds, the New York Chair at TIGER 21, and a Board Member of the Angel Capital Association. Lorine received a BA from Brown University and a JD from New York Law School. Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

Eric Satz is the founder and CEO of Alto Solutions. Alto is the leading platform that empowers everyday investors to diversify their IRAs by investing in alternative assets such as private equity, venture capital, real estate, loans, and cryptocurrency. Offering traditional, Roth, SEP and Crypto IRAs, Alto is bringing alternative investments to the mainstream. Everyday investors can now easily and cost-effectively access their retirement savings to invest in assets once reserved solely for high-net-worth individuals. Investors can use their Alto IRA to invest in opportunities from their own private network or participate in deals offered by Bitwise, DiversyFund, Fundr, Masterworks, Republic, Vint, and numerous other investment platform partners. Launched in 2018 and growing fast, the Nashville-based firm is on a mission to empower people to own their financial futures by achieving true asset diversification in their retirement account portfolios. Prior to founding Alto, Eric worked in investment banking at DLJ/Credit Suisse and co-founded several companies, including: Currenex, an FX trading solution sold to State Street for more than $550M, Plumgood Food, and VC firm Tennessee Community Ventures. He served on the Board of Tennessee Valley Authority from August 2015 to January 2019. After years in New York City and San Francisco, Eric and family moved to his wife's hometown of Nashville to raise their kids. Nowadays, his pastimes include skiing, soccer, yoga, and all too often hoping this will finally be the year for the ‘Canes and Dolphins. Topics Covered by Eric Satz in this Episode What Alto Solutions is Alto's origin story and how Eric began to execute on the idea Why Eric decided this was a problem he had to solve Early unexpected hurdles and getting Alto off the ground The UX and investment process with Alto Partnering with Angel List Shifting their customer acquisition strategy How the evolution of different asset classes has affected Alto The importance of leveraging storytelling Lessons Eric has learned founding multiple companies How Eric evaluates investments Listen to all episodes of the Just Go Grind Podcast: https://www.justgogrind.com Follow Justin Gordon on Twitter: https://twitter.com/justingordon212

Grab your favorite bowl of ice cream and join us as Eric Satz shares the frustration he experienced trying to make private investments in his retirement account, and how that led him down the path of solving the problem and ultimately the launch of his company, AltoIRA. Guest Bio Eric is a serial entrepreneur, early-stage investor and is a firm believer in personal autonomy. When Eric discovered tax-advantaged retirement accounts could be used for long-term, potentially high-return investments, he decided to start a company to help investors leverage their retirement accounts to get above market returns. Book Recommendation The Sum of Us by Heather McGhee WILL by Mark Manson and Will Smith Episode links and resources AltoIRA Website: https://www.altoira.com/ Eric's Twitter: https://twitter.com/ericsatz?lang=en

There's a lot of noise in the investment space—raving pundits, extreme headlines, and financial advertisements—and investors are susceptible. Long-term success requires learning to tune it out. This week's guest is William Spitz, the highly decorated former Treasurer and Vice Chancellor for Investments at Vanderbilt University and co-founder and principal of Diversified Trust. In this episode, Bill reflects on being immersed in environments of influential and innovative financial thinkers during his MBA at the University of Chicago and in the intercollegiate, collaborative atmosphere of his early years of endowment investing at Vanderbilt. He provides a glimpse of the tremendous ten-fold growth of Vanderbilt's endowment assets during his 1985–2007 tenure, highlighting the funds that contributed to such staggering growth. Bill and Eric dive into evolving corporate values and the current supply chain crisis. Speaking on personal investing, Bill provides essential advice on harnessing your own knowledge and embracing tinkering while trusting your portfolio. Listen in to learn how Bill manages his own portfolio after his award-winning success in endowment asset management.  (1:21) - A Renaissance man (5:12) - University of Chicago and the early years (9:57) - Return to Vanderbilt (13:14) - The growth of the endowment (16:20) - Sequoia Capital and Kleiner Perkins (18:25) - Longevity (20:38) - ESG investing (23:17) - The share buyback debate (24:28) - Supply chains and inflation (28:04) - Minimizing the damage caused by investment noise (33:41) - Crypto: exchange vs. investment (37:50) - Diversified Trust Company (40:30) - “What do I know vs. the world?” (43:00) - Signs of speculative excess (44:25) - Barbell approach to personal portfolio William Spitz is the co-founder and principal of Diversified Trust Company and serves on the Board of Directors of MassMutual Financial Group. From 1985 to 2007, he was Vanderbilt University's Treasurer and Vice Chancellor for Investments, increasing the endowment ten-fold. He has subsequently received the Foundation & Endowment Money Management's Lifetime Achievement Award, NACUBO's Rodney H. Adams Award, and the Hirtle Callaghan Award of Investment Leadership. William earned a bachelor's degree from Vanderbilt University and an MBA from the University of Chicago. Eric Satz—entrepreneur, serial investor, lover of hot peppers—is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please follow The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

There's a lot of noise in the investment space—raving pundits, extreme headlines, and financial advertisements—and investors are susceptible. Long-term success requires learning to tune it out. This week's guest is William Spitz, the highly decorated former Treasurer and Vice Chancellor for Investments at Vanderbilt University and co-founder and principal of Diversified Trust. In this episode, Bill reflects on being immersed in environments of influential and innovative financial thinkers during his MBA at the University of Chicago and in the intercollegiate, collaborative atmosphere of his early years of endowment investing at Vanderbilt. He provides a glimpse of the tremendous ten-fold growth of Vanderbilt's endowment assets during his 1985–2007 tenure, highlighting the funds that contributed to such staggering growth. Bill and Eric dive into evolving corporate values and the current supply chain crisis. Speaking on personal investing, Bill provides essential advice on harnessing your own knowledge and embracing tinkering while trusting your portfolio. Listen in to learn how Bill manages his own portfolio after his award-winning success in endowment asset management.  (1:21) - A Renaissance man (5:12) - University of Chicago and the early years (9:57) - Return to Vanderbilt (13:14) - The growth of the endowment (16:20) - Sequoia Capital and Kleiner Perkins (18:25) - Longevity (20:38) - ESG investing (23:17) - The share buyback debate (24:28) - Supply chains and inflation (28:04) - Minimizing the damage caused by investment noise (33:41) - Crypto: exchange vs. investment (37:50) - Diversified Trust Company (40:30) - “What do I know vs. the world?” (43:00) - Signs of speculative excess (44:25) - Barbell approach to personal portfolio William Spitz is the co-founder and principal of Diversified Trust Company and serves on the Board of Directors of MassMutual Financial Group. From 1985 to 2007, he was Vanderbilt University's Treasurer and Vice Chancellor for Investments, increasing the endowment ten-fold. He has subsequently received the Foundation & Endowment Money Management's Lifetime Achievement Award, NACUBO's Rodney H. Adams Award, and the Hirtle Callaghan Award of Investment Leadership. William earned a bachelor's degree from Vanderbilt University and an MBA from the University of Chicago. Eric Satz—entrepreneur, serial investor, lover of hot peppers—is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please follow The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

Promising ideas never really leave you. A visit to a tea auction in India was the missing ingredient Barry Nalebuff needed to create Honest Tea with his former student, Seth Goldman, five years after connecting over disdain for excessively sweet beverages. This week's guest is renowned Yale School of Management professor, serial entrepreneur, and prolific writer Barry Nalebuff. Following the immense success of Honest Tea, Barry co-founded Kombrewcha and Real Made Foods. His most recent book, Split the Pie: A Radical New Way to Negotiate, was released in March. In this episode, Barry discusses his logical—"Spockian”—approach to negotiation and the key questions to pursuing a win-win result and aligning incentives. He shares insight into the craft of branding and his journey with Honest Tea and subsequent projects.  Later in the episode, Barry and Eric dive into investing with leverage, assessing risk, and maximizing your stock market exposure across time. They consider the nature of dividends on cultural assets and NFTs. Listen in to learn more about Barry's journey from the classroom to the NBA to his adventures in competitive table tennis.  (2:01) “Cereal” entrepreneur  (6:36) Following logic (7:55) Partnership with Seth Goldman (9:50) Honest Tea (13:00) Teaching game theory and negotiation (16:43) Split the Pie  (21:38) Rule #1 of negotiation (23:27) Creating the pie (27:18) Mission in a Bottle (32:46) Lifecycle investing (39:18) Diversification across asset classes (43:54) NFTs (47:35) Working with the NBA (51:15) Access to alternative assets Barry Nalebuff is the Milton Steinbach Professor at Yale School of Management and co-founder of Honest Tea, Kombrewcha, and Real Made Foods. He has taught negotiation, innovation, strategy, and game theory for 30 years and has co-authored several books—including Thinking Strategically, Co-opetition, and his most recent publication, Split the Pie. Barry is a graduate of MIT and Oxford University, and he serves as director on the board for AGP Group.  Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It really helps others find the show. Podcast episode production by Dante32.

Promising ideas never really leave you. A visit to a tea auction in India was the missing ingredient Barry Nalebuff needed to create Honest Tea with his former student, Seth Goldman, five years after connecting over disdain for excessively sweet beverages. This week's guest is renowned Yale School of Management professor, serial entrepreneur, and prolific writer Barry Nalebuff. Following the immense success of Honest Tea, Barry co-founded Kombrewcha and Real Made Foods. His most recent book, Split the Pie: A Radical New Way to Negotiate, was released in March. In this episode, Barry discusses his logical—"Spockian”—approach to negotiation and the key questions to pursuing a win-win result and aligning incentives. He shares insight into the craft of branding and his journey with Honest Tea and subsequent projects.  Later in the episode, Barry and Eric dive into investing with leverage, assessing risk, and maximizing your stock market exposure across time. They consider the nature of dividends on cultural assets and NFTs. Listen in to learn more about Barry's journey from the classroom to the NBA to his adventures in competitive table tennis.  (2:01) “Cereal” entrepreneur  (6:36) Following logic (7:55) Partnership with Seth Goldman (9:50) Honest Tea (13:00) Teaching game theory and negotiation (16:43) Split the Pie  (21:38) Rule #1 of negotiation (23:27) Creating the pie (27:18) Mission in a Bottle (32:46) Lifecycle investing (39:18) Diversification across asset classes (43:54) NFTs (47:35) Working with the NBA (51:15) Access to alternative assets Barry Nalebuff is the Milton Steinbach Professor at Yale School of Management and co-founder of Honest Tea, Kombrewcha, and Real Made Foods. He has taught negotiation, innovation, strategy, and game theory for 30 years and has co-authored several books—including Thinking Strategically, Co-opetition, and his most recent publication, Split the Pie. Barry is a graduate of MIT and Oxford University, and he serves as director on the board for AGP Group.  Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It really helps others find the show. Podcast episode production by Dante32.

Alternative investments like Crypto, cultural assets, and REITs are no longer protected by the walled gardens. In this alternative investment episode, I chat with Eric Satz, Founder and CEO of Alto, a company that helps people invest in alternative assets to take control of their IRA money and their future. Eric Satz is a visionary, ... Read more The post EP142 | Talking Alternative Investments Like Crypto and Cultural Assets with Alto Founder Eric Satz appeared first on KazSource.

I am a big fan of alternative investments, it is how I got involved in fintech in the first place (through investing in LendingClub loans). I prefer to invest in alternatives through a tax-advantaged retirement account. But investing in alternatives through an IRA account has been a cumbersome and complicated process. Until now.My next guest on the Fintech One-on-One Podcast is Eric Satz, the CEO and Co-Founder of Alto. He saw what a bad experience it was for investors trying to open a self-directed IRA and he decided to do something about it. Now, Alto is on a mission to take alternative IRA investing mainstream. Full disclosure: I have been an Alto customer for over a year now.Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes

Imagine navigating the deterioration of the mortgage market in 2007 and facilitating the most high-profile transactions of the financial crisis. Then, imagine that it's March 2020, and you're leading the SEC as the COVID-19 pandemic upends the global economy.  This week's guest has chartered these choppy waters and emerged aiming the lessons of the past at our regulatory future. Jay Clayton served as the 32nd Chairman of the U.S. Securities and Exchange Commission and boasts a decades-long career at Sullivan & Cromwell, where he currently is a Senior Policy Advisor and Of Counsel.  Jay's career in law stemmed from an interest in business, a route that gave him access to major business decision-making moments. Despite his unexpectedly lengthy tenure at S&C, Jay—whose lineage is dotted with government officials—found himself appointed to lead the SEC by President Trump in 2017.  In this episode, Jay and Eric dive into the architecture of public and private capital markets and the challenging environment for retail investors. Jay speaks on the principles at the core of the Securities and Exchange Commission, particularly the importance of leveling the information playing field and rethinking the definition of an accredited investor. He reflects on the 2017 ICO craze and the precarious economic situation of the pandemic's early days. Jay shares insights into how to approach emerging financial products from a regulatory standpoint and the crucial question: Bitcoin…commodity or security?  (1:43) – Who is Jay Clayton? (2:29) – The early years (5:09) – Sullivan & Cromwell  (6:35) – Reflections on the financial crisis (9:28) – Arriving in Washington (13:41) – COVID-19's interruption (15:02) – Rethinking the rules (16:33) – Challenges for public companies (19:41) – The retail investor is missing out (22:45) – How can one qualify as an accredited investor? (24:10) – The architecture of the public markets (26:22) – New requirements (39:11) – What qualifies as a security? (31:57) – Bitcoin = commodity (33:52) – Predicting the crypto regulatory environment Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

Imagine navigating the deterioration of the mortgage market in 2007 and facilitating the most high-profile transactions of the financial crisis. Then, imagine that it's March 2020, and you're leading the SEC as the COVID-19 pandemic upends the global economy.  This week's guest has chartered these choppy waters and emerged aiming the lessons of the past at our regulatory future. Jay Clayton served as the 32nd Chairman of the U.S. Securities and Exchange Commission and boasts a decades-long career at Sullivan & Cromwell, where he currently is a Senior Policy Advisor and Of Counsel.  Jay's career in law stemmed from an interest in business, a route that gave him access to major business decision-making moments. Despite his unexpectedly lengthy tenure at S&C, Jay—whose lineage is dotted with government officials—found himself appointed to lead the SEC by President Trump in 2017.  In this episode, Jay and Eric dive into the architecture of public and private capital markets and the challenging environment for retail investors. Jay speaks on the principles at the core of the Securities and Exchange Commission, particularly the importance of leveling the information playing field and rethinking the definition of an accredited investor. He reflects on the 2017 ICO craze and the precarious economic situation of the pandemic's early days. Jay shares insights into how to approach emerging financial products from a regulatory standpoint and the crucial question: Bitcoin…commodity or security?  (1:43) – Who is Jay Clayton? (2:29) – The early years (5:09) – Sullivan & Cromwell  (6:35) – Reflections on the financial crisis (9:28) – Arriving in Washington (13:41) – COVID-19's interruption (15:02) – Rethinking the rules (16:33) – Challenges for public companies (19:41) – The retail investor is missing out (22:45) – How can one qualify as an accredited investor? (24:10) – The architecture of the public markets (26:22) – New requirements (39:11) – What qualifies as a security? (31:57) – Bitcoin = commodity (33:52) – Predicting the crypto regulatory environment Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

This interview was recorded on February 10, 2022. If you'd asked Mona Sutphen at graduation what her career would look like, she might've mentioned a path into the film industry or advertising; somewhere far removed from the public service and community organizing world of her parents. Despite that, at the suggestion of her college advisor, she took the Foreign Service exam upon graduation and then promptly forgot about it, moved to Chicago, and began her career in advertising.  That is until a late-night spreadsheet disaster led to a wake-up call declaration that “there has to be more to life than selling shampoo.” A few weeks later, Mona got the call that she'd passed the Foreign Service exam, sparking a decades-long career in the foreign service and public sector.  This week's guest is the adventurous, inquisitive Mona Sutphen, former White House Deputy Chief of Staff for Policy under President Obama and current Partner/Head of Investment Strategies at Vistria. Mona grew up in a multiracial, community-oriented family in Milwaukee. In this episode, she shares her insights on working with global decision-makers throughout her distinguished career in public service and her ongoing dedication to problem-solving on the world stage. In the latter half of the episode, Mona discusses the undeniable future of crypto (and its regulation), the evolving ecosystem of decentralized finance (DeFi), and the potential of greater microloan access. Listen in to learn Mona's essential advice for individuals exploring the crypto world and the necessity of access to investment opportunities. (2:25) Who is Mona Sutphen? (6:24) Leaving Wisconsin for college (9:40) Entering public service (11:42) What is the goal of Foreign Service? (14:38) Competition (and collaboration) on the world stage (19:56) The art of negotiation (24:17) Spotify in the spotlight (25:36) The Clinton and Obama administrations (27:54) A dangerous moment in our country (31:46) Power and investment opportunities (35:43) The crypto landscape (42:31) Microloans and access to capital Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts, or Spotify. It helps others find the show. Podcast episode production by Dante32.

This interview was recorded on February 10, 2022. If you'd asked Mona Sutphen at graduation what her career would look like, she might've mentioned a path into the film industry or advertising; somewhere far removed from the public service and community organizing world of her parents. Despite that, at the suggestion of her college advisor, she took the Foreign Service exam upon graduation and then promptly forgot about it, moved to Chicago, and began her career in advertising.  That is until a late-night spreadsheet disaster led to a wake-up call declaration that “there has to be more to life than selling shampoo.” A few weeks later, Mona got the call that she'd passed the Foreign Service exam, sparking a decades-long career in the foreign service and public sector.  This week's guest is the adventurous, inquisitive Mona Sutphen, former White House Deputy Chief of Staff for Policy under President Obama and current Partner/Head of Investment Strategies at Vistria. Mona grew up in a multiracial, community-oriented family in Milwaukee. In this episode, she shares her insights on working with global decision-makers throughout her distinguished career in public service and her ongoing dedication to problem-solving on the world stage. In the latter half of the episode, Mona discusses the undeniable future of crypto (and its regulation), the evolving ecosystem of decentralized finance (DeFi), and the potential of greater microloan access. Listen in to learn Mona's essential advice for individuals exploring the crypto world and the necessity of access to investment opportunities. (2:25) Who is Mona Sutphen? (6:24) Leaving Wisconsin for college (9:40) Entering public service (11:42) What is the goal of Foreign Service? (14:38) Competition (and collaboration) on the world stage (19:56) The art of negotiation (24:17) Spotify in the spotlight (25:36) The Clinton and Obama administrations (27:54) A dangerous moment in our country (31:46) Power and investment opportunities (35:43) The crypto landscape (42:31) Microloans and access to capital Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts, or Spotify. It helps others find the show. Podcast episode production by Dante32.

Alternative Asset Investing made accessible. On this episode of the Making Bank podcast, Eric Satz discusses how his company “Alto” make alternative asset investing accessible and affordable for all. Modeled after Turbo Tax, Alto connects individual investors with better ways to utilize their retirement funds for long-term investments. Eric and his team provide their customers access to financial literacy tools, as well as an abundance of resources. Alto is here to disrupt the market—and it already has. Listen to the episode to learn more about how to properly diversify your portfolio, what long-term investments you should look into, and how you can make the most of your money now. Listen to Josh and Eric discuss alternative asset investing:  What is Alto? (2:44) Alto is a trust company that helps individual investors better access and utilize their retirement funds for long-term investments in private equity. Eric and his team match you with opportunities you're looking for, as well as allow you to bring deals to the table. Financial Literacy and Diversification (9:06) Eric and his team believe that everyone should have access to financial literacy tools and resources. Through this education, investors can better diversify their portfolios so that their investments are less volatile and generate more revenue. Investment Fees (11:44) Eric adopted the Turbo Tax method for his approach to investment fees. He himself was getting frustrated with traditional fees. So, he decided to make Alto an accessible platform and charge less than traditional investment firms or brokers. When it comes to crypto exchanges, Alto only charges 1%. Disrupting the Market (14:54) Alto wants to disrupt Fidelity and Schwab. Eric and his team seek to disrupt the investment landscape and make it accessible and understandable to all. He also delves into the caps on investments, particularly for IRAs. Customer-Oriented (18:46) Although Alto focuses on investments, it's still a customer service platform. Eric believes that to some extent, all entrepreneurs are customer service people. Long-Term Investment (20:14) As retirement funds are long-term, Eric encourages everyone to pursue long-term investments, particularly ones that are illiquid. The great thing about making investments with IRA dollars is that it's tax advantage, and includes compounding returns. Links mentioned: Making Bank - Website https://www.altoira.com/team/

Alternative Asset Investing made accessible. On this episode of the Making Bank podcast, Eric Satz discusses how his company “Alto” make alternative asset investing accessible and affordable for all. Modeled after Turbo Tax, Alto connects individual investors with better ways to utilize their retirement funds for long-term investments. Eric and his team provide their customers access to financial literacy tools, as well as an abundance of resources. Alto is here to disrupt the market—and it already has. Listen to the episode to learn more about how to properly diversify your portfolio, what long-term investments you should look into, and how you can make the most of your money now. Listen to Josh and Eric discuss alternative asset investing:  What is Alto? (2:44) Alto is a trust company that helps individual investors better access and utilize their retirement funds for long-term investments in private equity. Eric and his team match you with opportunities you're looking for, as well as allow you to bring deals to the table. Financial Literacy and Diversification (9:06) Eric and his team believe that everyone should have access to financial literacy tools and resources. Through this education, investors can better diversify their portfolios so that their investments are less volatile and generate more revenue. Investment Fees (11:44) Eric adopted the Turbo Tax method for his approach to investment fees. He himself was getting frustrated with traditional fees. So, he decided to make Alto an accessible platform and charge less than traditional investment firms or brokers. When it comes to crypto exchanges, Alto only charges 1%. Disrupting the Market (14:54) Alto wants to disrupt Fidelity and Schwab. Eric and his team seek to disrupt the investment landscape and make it accessible and understandable to all. He also delves into the caps on investments, particularly for IRAs. Customer-Oriented (18:46) Although Alto focuses on investments, it's still a customer service platform. Eric believes that to some extent, all entrepreneurs are customer service people. Long-Term Investment (20:14) As retirement funds are long-term, Eric encourages everyone to pursue long-term investments, particularly ones that are illiquid. The great thing about making investments with IRA dollars is that it's tax advantage, and includes compounding returns. Links mentioned: Making Bank - Website https://www.altoira.com/team/

"I'm in constant search of problems that are big enough and interesting enough that I can dive in and never reach a bottom." – Dror Poleg This week's guest is an economic historian and author, but his multi-hyphenate career includes titles such as real estate private equity exec, startup founder, front-end developer, parliamentary advisor, and soldier. It's a wide-ranging, international career with a resilient, independent, and entrepreneurial thread tying it all together.  In this episode, Dror Poleg talks about the failure of his startup and how he used it as an opportunity to reassess his priorities and values. He went back to the roots of what had brought him success in the past—taking an academic approach, doing the homework, and becoming an expert before trying to build something. What he found was a deep interest in the research itself and a knack for explaining current tech trends and their implications for the business world. This talent for breaking down complex topics, combined with an aversion to the purely opportunistic, or straight fraudulent, actors rampant in the space, led Dror to start Hype-Free Crypto—an online course providing an impartial introduction to the technologies and business models that will define the next decade. Listen to Dror talk about the potential dark side to financial success and the importance of being intentional in investing your time and talent. Be sure to stick around to the end for a crash course in Web3 and NFTs, or check out Hype-Free Crypto for the full curriculum.  (02:04) Who is Dror Poleg? (03:53) My wife has no idea what I do (04:23) You need to have stability in life (08:16) It's not always up and to the right (13:58) Rebuilding a career after failure (17:33) The importance of personal support networks (21:29) A foundation to settle down (23:06) When money leads to a life you don't actually want (26:38) An economic historian and a live events promoter (28:54) The substance under the noise (36:31) What is Web3? (42:13) Conservation of centralization (45:31) Power and radical change (47:38) More than a monkey photo Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

"I'm in constant search of problems that are big enough and interesting enough that I can dive in and never reach a bottom." – Dror Poleg This week's guest is an economic historian and author, but his multi-hyphenate career includes titles such as real estate private equity exec, startup founder, front-end developer, parliamentary advisor, and soldier. It's a wide-ranging, international career with a resilient, independent, and entrepreneurial thread tying it all together.  In this episode, Dror Poleg talks about the failure of his startup and how he used it as an opportunity to reassess his priorities and values. He went back to the roots of what had brought him success in the past—taking an academic approach, doing the homework, and becoming an expert before trying to build something. What he found was a deep interest in the research itself and a knack for explaining current tech trends and their implications for the business world. This talent for breaking down complex topics, combined with an aversion to the purely opportunistic, or straight fraudulent, actors rampant in the space, led Dror to start Hype-Free Crypto—an online course providing an impartial introduction to the technologies and business models that will define the next decade. Listen to Dror talk about the potential dark side to financial success and the importance of being intentional in investing your time and talent. Be sure to stick around to the end for a crash course in Web3 and NFTs, or check out Hype-Free Crypto for the full curriculum.  (02:04) Who is Dror Poleg? (03:53) My wife has no idea what I do (04:23) You need to have stability in life (08:16) It's not always up and to the right (13:58) Rebuilding a career after failure (17:33) The importance of personal support networks (21:29) A foundation to settle down (23:06) When money leads to a life you don't actually want (26:38) An economic historian and a live events promoter (28:54) The substance under the noise (36:31) What is Web3? (42:13) Conservation of centralization (45:31) Power and radical change (47:38) More than a monkey photo Eric Satz—entrepreneur, serial investor, lover of hot peppers— is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It helps others find the show. Podcast episode production by Dante32.

Lately, each week seems to bring a new headline about yet another hot trend in the alt investment space. It's easy to get lost in this current wave of alternative investments. In this episode, Michael Sidgmore helps make sense of all these trends by breaking down how they're playing out within the familiar arena of sports.   Michael has a unique appreciation for the sports world, having grown up playing soccer around the world. It's an international experience that led to him attending undergrad in London and staying for an accidental gap year with the UK nonprofit Room to Read.  It was a formative time that seeded an appreciation for diverse perspectives and a desire to create an impact that's threaded throughout his career and evident in how he describes the best parts of being a VC, a job where he's able to “help build companies everyday that actually impact people's lives directly.”  Through this lens, it's easy to understand Michael's earnest enthusiasm for the alt investment space, particularly interest-based investing trends and the ability for individuals to more easily invest directly into the things they're most passionate about.  Listen in to hear more about the collision of culture and investing across the sports stack, the regulatory changes making it possible, and tips for individual investors ready to jump into alternative investments.  (1:59) Who is Michael Sidgmore? (7:20) Monetizing engagement in sports  (11:33) The power of purpose-driven content  (14:44) A fascinating time for new sports world entrants  (18:50) The fractionalization of assets and the evolution of crowdfunding platforms  (22:55) The upending of fundamental financial models of value (25:45) Moving beyond the 60/40 portfolio  (28:00) Where are we on that adverse selection curve? (33:20) Reg CF: Did we start in the right place with regulatory changes? (41:07) Three important points on diligence  (45:54) When do we stop calling them “alts”? Michael Sidgmore is the co-founder and partner of Broadhaven Ventures, as well as the founder and partner at Sixth Man Capital, the founder of Alt Goes Mainstream, and co-founder of Community x Capital, where he and Alexis Ohanian educate others about the collision of community, culture, and finance. Eric Satz—entrepreneur, serial investor, lover of hot peppers—is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.    If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It really helps others find the show. Podcast episode production by Dante32.

Lately, each week seems to bring a new headline about yet another hot trend in the alt investment space. It's easy to get lost in this current wave of alternative investments. In this episode, Michael Sidgmore helps make sense of all these trends by breaking down how they're playing out within the familiar arena of sports.   Michael has a unique appreciation for the sports world, having grown up playing soccer around the world. It's an international experience that led to him attending undergrad in London and staying for an accidental gap year with the UK nonprofit Room to Read.  It was a formative time that seeded an appreciation for diverse perspectives and a desire to create an impact that's threaded throughout his career and evident in how he describes the best parts of being a VC, a job where he's able to “help build companies everyday that actually impact people's lives directly.”  Through this lens, it's easy to understand Michael's earnest enthusiasm for the alt investment space, particularly interest-based investing trends and the ability for individuals to more easily invest directly into the things they're most passionate about.  Listen in to hear more about the collision of culture and investing across the sports stack, the regulatory changes making it possible, and tips for individual investors ready to jump into alternative investments.  (1:59) Who is Michael Sidgmore? (7:20) Monetizing engagement in sports  (11:33) The power of purpose-driven content  (14:44) A fascinating time for new sports world entrants  (18:50) The fractionalization of assets and the evolution of crowdfunding platforms  (22:55) The upending of fundamental financial models of value (25:45) Moving beyond the 60/40 portfolio  (28:00) Where are we on that adverse selection curve? (33:20) Reg CF: Did we start in the right place with regulatory changes? (41:07) Three important points on diligence  (45:54) When do we stop calling them “alts”? Michael Sidgmore is the co-founder and partner of Broadhaven Ventures, as well as the founder and partner at Sixth Man Capital, the founder of Alt Goes Mainstream, and co-founder of Community x Capital, where he and Alexis Ohanian educate others about the collision of community, culture, and finance. Eric Satz—entrepreneur, serial investor, lover of hot peppers—is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.    If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It really helps others find the show. Podcast episode production by Dante32.

Miguel Armaza sits down with Eric Satz, Founder/CEO of Alto Solutions, a Nashville-based company offering a self-directed IRA platform that gives people in the US access to invest in alternative assets using their retirement funds in assets like crypto, private funds, and collectibles.Founded in 2015, Alto now administers over $1B and has raised over $60M from Advance Venture Partners, Unusual Ventures, Acrew Capital, Foundation Capital, Coinbase Ventures, and many more.In this episode, we discuss:The importance of diversifying your retirement portfolio with alternative assets and why crypto and digital assets are an increasingly meaningful part of Alto's product.Lessons from other countries around the world and what could be done to help people in the US strengthen their retirement savings.Hypergrowth during the pandemic and how Eric has managed to expand his team from 20 to 140 since the start of COVIDAnd just like we've heard from other leaders from around the world, Eric reminds us that the only way to beat your competition is to surround yourself with great people!Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today's global leaders that will dominate the 21st century in fintech, business, and beyond.Do you prefer a written summary, instead? Check out the Fintech Leaders newsletter and join  30,000+ readers around the world!Miguel Armaza is Co-Founder & Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.Miguel on LinkedIn: https://bit.ly/3nKha4ZMiguel on Twitter: https://bit.ly/2Jb5oBcFintech Leaders Newsletter: bit.ly/3jWIpqp

Eric Satz is the founder and CEO of Alto, a platform for investors to use their retirement accounts for investing in alternative assets, such as private companies, real estate, cryptocurrency, equity crowdfunding, and marketplace loans.   The firm enables investors to better diversify their IRA and 401(K) accounts into higher-return, long-term alternative investment opportunities.   For a long time, IRAs have been dominated by Fidelity, Charles Schwab, eTrade, and Vanguard. However, digitization and the fintech revolution have opened the door for a wave of new upstarts.   In this episode, Eric and Aaron discuss why alternative investments are on the rise, how his company raised a $40m Series B, and the field of competitors.  Sign up for a Weekly Email that will Expand Your Mind.   Eric Satz's Challenge; Do some homework and diligence on your first alternative asset.   Connect with Eric Satz Linkedin Twitter AltoIra.com Website   If you liked this interview, check out episode 492 with Joe Percoco where we discuss the fundamental pieces of a fintech startup and the future of retirement investing. Underwritten by Piper Creative Piper Creative makes creating podcasts, vlogs, and videos easy.    How? Click here and Learn more.   We work with Fortune 500s, medium-sized companies, and entrepreneurs.   Follow Piper as we grow YouTube Instagram Subscribe on iTunes | Stitcher | Overcast | Spotify

But after his first investment deal, he realized that the process took weeks and he knew there had to be a better way, and that's when he started Alto. Alto is a company that helps people invest in alternative investments including digital currencies like cryptocurrency and be able to take control of their IRA money and their future. Key Talking Points of the Episode [01:32] Who is Eric Satz? [02:33] What does Alto help people with?  [04:05] What is Eric's background? [10:00] What was Eric's vision for a self-directed IRA? [11:10] Should you be investing in mutual funds? [12:12] How does Alto help your investments? [15:09] What should you know about investing in artwork?  [16:16] What can you do with technology and investment platforms today? [19:48] How can Alto help you if you have your own deal flow? [21:17] What did Eric want to change as a customer?  [23:13] How can you get started with Alto?  Quotables “At Alto, we help individuals invest their retirement savings in alternative, non-traditional assets - things like private equity, venture capital, real estate, artwork, collectibles, crypto assets.” “We're trying to make sure that people have choices and options when they get to that age.” “By the way, I'm not anti-public company, I'm not anti-public stocks and bonds - I just think that 60/40 is overrated and dead.” “The point is to have a portfolio because there are gonna be winners and losers, but you want your winners to be big winners, continue to invest in your winners, and you want your losers to be relatively contained and small, and that's just the way portfolio construction works.” 

It's hard to imagine moving on from a self-described $2B mistake, let alone maintaining a positive attitude about it, and yet that's exactly what this week's guest did. In this episode, you'll hear Packy McCormick talk about the winding path that led him to create Not Boring and why over the long run, he believes optimism is the best return strategy. Packy's resilience and work ethic started early, including with a formative experience bringing home a C+ in French. He grew up in a family that valued hard work and honoring commitments without being too hard-charging; an ethos he carried through studying economics and philosophy at Duke, onto an energy trading desk during the 2008 crash, and then into public finance. Ultimately it was a notable comfort with risk and desire to continue charting his own course that led Packy to leave corporate finance for the NYC startup world in 2013, but not before a brief and ill-fated detour into options trading that would define his venture-focused investing strategy going forward. Listen in to learn more about Packy's infamous Bitcoin sell-off and how the pandemic timing played into the launch of Not Boring in this week's episode.  (01:46) Let's start at the beginning (03:20) How do you run a FinTech in Ghana? (06:15) Clearly a family of ‘underachievers'  (08:53) Relating to your parents once you are one yourself? (13:27) Philly to Durham (16:35) Summer 2008 on the energy trading desk (18:57) The $2 billion dollar mistake (22:59) Just buy and hold (25:49) Startup life in NYC (28:30) Not Boring is born (33:43) Moving Markets (41:18) Will retirement be a thing in 20 years? (44:22) Invest in things you want to learn about (45:37) Optimism as the best long-term return strategy Eric Satz—entrepreneur, serial investor, lover of hot peppers—is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It really helps others find the show. Podcast episode production by Dante32.

It's hard to imagine moving on from a self-described $2B mistake, let alone maintaining a positive attitude about it, and yet that's exactly what this week's guest did. In this episode, you'll hear Packy McCormick talk about the winding path that led him to create Not Boring and why over the long run, he believes optimism is the best return strategy. Packy's resilience and work ethic started early, including with a formative experience bringing home a C+ in French. He grew up in a family that valued hard work and honoring commitments without being too hard-charging; an ethos he carried through studying economics and philosophy at Duke, onto an energy trading desk during the 2008 crash, and then into public finance. Ultimately it was a notable comfort with risk and desire to continue charting his own course that led Packy to leave corporate finance for the NYC startup world in 2013, but not before a brief and ill-fated detour into options trading that would define his venture-focused investing strategy going forward. Listen in to learn more about Packy's infamous Bitcoin sell-off and how the pandemic timing played into the launch of Not Boring in this week's episode.  (01:46) Let's start at the beginning (03:20) How do you run a FinTech in Ghana? (06:15) Clearly a family of ‘underachievers'  (08:53) Relating to your parents once you are one yourself? (13:27) Philly to Durham (16:35) Summer 2008 on the energy trading desk (18:57) The $2 billion dollar mistake (22:59) Just buy and hold (25:49) Startup life in NYC (28:30) Not Boring is born (33:43) Moving Markets (41:18) Will retirement be a thing in 20 years? (44:22) Invest in things you want to learn about (45:37) Optimism as the best long-term return strategy Eric Satz—entrepreneur, serial investor, lover of hot peppers—is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.  If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts or Spotify. It really helps others find the show. Podcast episode production by Dante32.

Money is personal. In fact, perhaps finance and investing talk is typically dry to shield against having real, candid conversations about how money shapes our lives, informs our choices, and even makes us feel about ourselves. In other words, conversations that really matter.  That's what The Altogether Show is about. Entrepreneur, serial investor, and series host Eric Satz founded Alto with the belief that being true to ourselves is fundamental to living fully and well — in work and in retirement — and money, however much or little, is a crucial tool for doing this.  The guests on the Altogether show are living and working with the kind of courageous self-awareness, energy, and determination that we admire. So we want to share their stories, hear about their relationships with money, and maybe learn a thing or two along the way. If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify or wherever you get your podcasts. Podcast episode production by Dante32.

Money is personal. In fact, perhaps finance and investing talk is typically dry to shield against having real, candid conversations about how money shapes our lives, informs our choices, and even makes us feel about ourselves. In other words, conversations that really matter.  That's what The Altogether Show is about. Entrepreneur, serial investor, and series host Eric Satz founded Alto with the belief that being true to ourselves is fundamental to living fully and well — in work and in retirement — and money, however much or little, is a crucial tool for doing this.  The guests on the Altogether show are living and working with the kind of courageous self-awareness, energy, and determination that we admire. So we want to share their stories, hear about their relationships with money, and maybe learn a thing or two along the way. If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in Apple Podcasts, Google Podcasts, Spotify or wherever you get your podcasts. Podcast episode production by Dante32.

In this Episode of Startup project, Nataraj talked to Eric Satz, Founder & CEO of Alto IRA. Prior to his role as founder and CEO of Alto, Eric worked in investment banking at DLJ/Credit Suisse and co-founded several companies, including: Currenex, an FX trading solution sold to State Street for more than $550M; Plumgood Food, and; Tennessee Community Ventures, a VC firm We talked about: - The problems that led to creation of Alto IRA Advantages of using Alto IRA Working with partners like Coinbase, Angellist & Republic Diversification of investments Fundraising via Equity Crowdfunding Peter Thiel's 401k strategy Follow Eric on Twitter at https://twitter.com/ericsatz and learn more about Alto IRA here. Nataraj is an engineer at Azure, partner at planbcapital.co & hosts thestartupproject.io podcast. Follow him on Twitter at https://twitter.com/natarajsindam and stay up to date at https://www.getrevue.co/profile/bmb/members --- Send in a voice message: https://anchor.fm/startupproject/message

In this podcast, Eric talks about how AltoIRA adds alternative assets to Individual Retirement Accounts, how much should one invest into alternative investments, and why it is the best time to invest in private companies and much more!

Julie is joined by Eric Satz, CEO of Alto IRA (an alternative IRA investment platform) to discuss:- what Alto IRA is (1:38)- what Peter Thiel did with his Roth IRA (2:59)- non-accredited investors (6:32)- how Roth IRAs and Roth 401k's are different (8:44)- what should change with legislation (12:14)- the most popular alternative assets (17:28)- the impact of the pandemic (19:04)- what "startup" Eric would invest in (24:43)New episodes every Monday and Thursday!For daily updates on the fintech space sent right to your email, subscribe to the FTT Newsletter HERE.For a more in-depth breakdown and analysis of the fintech space, subscribe to the premium newsletter, FTT+, HERE.Follow us on Twitter:FTT - @fintechtoday_Julie - @julieverhage[Theme Song Credit]

Technology is revolutionizing access to alternatives and RIAs have an opportunity to level the playing field by sourcing, identifying and analyzing unique investment opportunities for their clients. Eric Satz, founder and CEO of Alto, an alternative asset investment platform, joins to program to explain. (06/2021)

AltoIRA makes it easy to invest in alternative assets like startups, real estate, private equity, and even crypto, all through your IRA. I sat down with Alto's CEO, Eric Satz, to talk about why he started Alto, what they're building, and what he wants the CEOs of Southwest and BlackRock to say about Alto in the future. To learn more and sign up for Alto, use the Not Boring link and an Alto team member will guide you through the process. Read the full sponsored deep dive over at Not Boring. --- Send in a voice message: https://anchor.fm/notboring/message

AltoIRA is an investment "platform-of-platforms" that allows holders of individual retirement accounts to use their IRA funds to invest in startups and other private companies, real estate, crypto assets and more. We spoke with CEO and Founder Eric Satz on the quandaries of retail investors accessing private market investments, the future of real assets investing, whether there's any asset that can't (or won't) be fractionalized, and, more philosophically, what the emergence of alternative retirement investment products says about how Americans view (or don't view) retirement and the old-fashioned "employer match."

Miguel Armaza sits down with Eric Satz, Founder and CEO of AltoIRA, a company on a mission to help individuals in the US access and execute investments in alternative assets using their retirement savings. We cover: - Eric’s journey from investment banker, to coffee shop owner, to venture capitalist, to AltoIRA founder. - What influenced him to pursue entrepreneurship throughout most of his life. - Why he thinks this is now a great time to invest in private companies. - The advantages of launching a fintech startup in Nashville, Tennessee. - Why he thinks the only thing harder than fundraising for startup money is making somebody laugh and why he has so much respect for stand-up comedians. - And much, much more! Eric is also the host of his own podcast, The Altogether Show, which features unfiltered interviews with untraditional entrepreneurs who ignored boundaries and followed their instincts. https://altogether.show/ Eric Satz An entrepreneur and former investment banker, Eric worked for DLJ/Credit Suisse First Boston before co-founding Currenex, Plumgood Food, and Tennessee Community Ventures, a VC firm. Eric served on the Board of the TVA from 2015-January 2019, and he teaches an entrepreneurship class to high school students. A Miami native and diehard 'Canes and Dolphins fan, Eric went to Amherst College. After years in NYC and then San Francisco, he and his wife moved to Nashville, her hometown, to raise their kids. When he's not breathing life into startup companies, Eric loves to ski, play soccer, and practice yoga. About AltoIRA AltoIRA is a financial technology company on a mission to help individuals access and execute investments in alternative assets using their retirement savings. The firm's cost-effective and hassle-free platform streamlines the process for investors, funding portals and issuers alike. Alto currently works with leading platform partners including AngelList, Wefunder and Masterworks, as well as financial advisors, funds and other direct issuers. Launched in 2018, the Nashville-based fintech firm is backed by leading investors including the family office of Tony James, Moment Ventures, Foundation Capital and the Sequoia Scout Fund. For more information, please visit www.AltoIRA.com - https://www.whartonfintech.org/ - https://twitter.com/whartonfintech - https://www.linkedin.com/company/wharton-fintech-club - Host: https://www.linkedin.com/in/armaza/

Securities aren't as dependable as they used to be, and with alternative assets like crypto, crowdfunding, PE, etc growing in popularity, future retirees aren't reaping the benefits like previous generations could from stocks. Eric Satz, founder and CEO of AltoIRA, joins the show to talk about retirement investing, why it's changing and what individuals need to do to diversify their investments and be actually able to retire comfortably.

In episode 212 we welcome our guest, Eric Satz, the founder and CEO of AltoIRA. Eric shares the frustration he experienced trying to make private investments in his retirement account, and how that led him down the path of solving the problem and ultimately the launch of his company, AltoIRA. We discuss alternative investments and the case for holding them in retirement accounts. We get into the nuts and bolts of how AltoIRA works and where it is going in the future. As we wind down, we chat about having an understanding what is out of your control and shifting focus to doing your absolute best on what you can control. All this and more, in episode 212 with Eric Satz.

This week I am chatting with a truly top bloke, Eric Satz, CEO and Founder of AltoIRA. Eric Satz knows that investing is no longer just for the wealthy. Together with his team at AltoIRA, Eric is living out his mission of delivering 21st-century investment opportunities to everyone, including non-accredited investors. Through the AltoIRA platform, Eric is making alternative asset investing available to all by giving people the support they need to choose and make their own investments using their IRA savings. Eric is a serial entrepreneur with both wins and losses on his scorer’s sheet. He is a former investment banker and early-stage investor with a passion for nurturing startups and raising capital. We cover topics like: - Why is there a lack of IRA investing outside of the public markets? - What investments are classed as "alternative" assets? - Why is there a paradigm shift in how people want to invest their hard earned dollars? - How do we all benefit with more retirement dollars invested in "alternative" assets? - And much, much more! So what are you waiting for? Be Bold, Be Brave and Go Give Life a Crack!

Eric's Background:Investment Banker and Venture CapitalistFounder/CEO of Alto IRA In this episode we cover:Eric's difficult experiences with solo/self directed investing early on In his careerHow he took those struggles to motivate him to launch Alto IRAUsing alternative investments to buy real estateWhat types of real estate are available to pursue with a program like thisThe importance of charging expenses on a property to your IRA and not a personal accountThe limitations of acquiring a family members propertyConnect with Eric:http://altoira.com/ericsatz@altoira.com Connect with Dave:https://www.lvare.com/dave.morgia@longviewacquisitions.com

Eric Satz is the founder and CEO of AltoIRA, and he’s a serial entrepreneur who has seen both wins and losses. Eric knows investing is no longer just for the wealthy, and he’s living out his mission of delivering 21st century investment opportunities to everyone, even non-accredited investors. Eric is a former investment banker and early stage investor with a passion for nurturing start-ups and raising capital. He teaches an entrepreneurship class to high school students in Nashville and served on the board of the Tennessee Valley Authority from 2015 to 2018. Through Alto IRA, Eric is making alternative asset investing available to all by giving people the support they need to choose and make their own investments using their IRA savings.

Learn How to Get Started in Real Estate? Go to www.Dwellynn.com/lwa   Eric Satz knows that investing is no longer just for the wealthy. Together with his team at AltoIRA, Eric is living out his mission of delivering 21st-century investment opportunities to everyone, including non-accredited investors. Through the AltoIRA platform, Eric is making alternative asset investing available to all by giving people the support they need to choose and make their own investments using their IRA savings. Eric is a serial entrepreneur with both wins and losses on his scorer’s sheet. He is a former investment banker and early-stage investor with a passion for nurturing startups and raising capital. He served on the Board of the Tennessee Valley Authority from 2015-2018, and he teaches an entrepreneurship class to high school students. A Miami native and die hard ‘Canes and Dolphins fan, Eric went to Amherst College. After years in NYC and then San Francisco, he and his wife moved to Nashville, her hometown, to raise their kids. When he’s not breathing life into startup companies, Eric loves to ski, play soccer, and practice yoga. SUBSCRIBE and LEAVE US A REVIEW on iTunes: http://getpodcast.reviews/id/1256786108 Get your free book: www.audibletrial.com/dwellynn Contact Eric: ericsatz@altoira.com Content mentioned: The library book: Susan Orlean https://www.amazon.com/Library-Book-Susan-Orlean/dp/1476740194/ref=sr_1_1?crid=1RSVX3A4UXX90&keywords=the+library+book+susan+orlean&qid=1573063535&s=books&sprefix=the+libr%2Caps%2C201&sr=1-1 Follow Ola [www.instagram.com/oladantis] @OlaDantis for all other social media Send me a DM when you follow so I can say hi! www.InvestWithOla.com

Eric Satz, founder and CEO of AltoIRA is a former investment banker and early-stage investor with a passion for nurturing startups and raising capital. Eric explains how you can diversify your retirement savings by investing in alternative assets such as real estate, hedge funds, and startups using IRA savings, even as a non-accredited investor. Find out how to to use an alternative investment platform to raise money to fund your next big business expansion.

Who is Eric? Eric Satz (rhymes with “cats”), founder and CEO of AltoIRA, is a serial entrepreneur who's seen both wins and losses. Eric knows investing is no longer just for the wealthy, and is living out his mission of delivering 21st-century investment opportunities to everyone, even non-accredited investors. Eric is a former investment banker […]

Our guest this week is Eric Satz. Eric is the CEO of AltoIRA a leading platform for investors of any size and level of sophistication to use their retirement accounts for investing in alternative assets, such as private companies, real estate, unregistered funds, equity crowdfunding, and marketplace loans. Also known as the self directed IRA.

Our guest this week is Eric Satz. Eric is the CEO of AltoIRA a leading platform for investors of any size and level of sophistication to use their retirement accounts for investing in alternative assets, such as private companies, real estate, unregistered funds, equity crowdfunding, and marketplace loans. Also known as the self directed IRA.

My guest today is the founder and CEO of Alto IRA. Eric Satz is a serial entrepreneur with the mission of bringing 21st century investment opportunities to everyone, not only accredited investors....Continue Reading...

Eric Satz (rhymes with “cats”), founder and CEO of AltoIRA, is a serial entrepreneur who’s seen both wins and losses. Eric knows investing is no longer just for the wealthy, and is living out his mission of delivering 21st-century investment opportunities to everyone, even non-accredited investors. Eric is a former investment banker and early-stage investor with a passion for nurturing startups and raising capital. He teaches an entrepreneurship class to high school students in Nashville and served on the Board of the Tennessee Valley Authority from 2015-2018. Through AltoIRA, Eric is making alternative asset investing available to all by giving people the support they need to choose and make their own investments using their IRA savings. Welcome to the show, Eric! If you have any thoughts or questions shoot us an email at info@housedudes.com. You can also find us on Facebook, Instagram, and Twitter @HouseDudes Interested in Turnkey Rental Properties? Head over to HouseDudes.com for more information. Please subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow. iTunes: http://bit.ly/REIrookiesOniTunes Google Play: http://bit.ly/REIRookiesOnGooglePlay YouTube: http://bit.ly/REIRookiesOnYouTube Stitcher: http://bit.ly/REIRookiesOnStitcher SoundCloud: http://bit.ly/REIRookiesOnSoundcloud Facebook: https://www.facebook.com/HouseDudesPodcast/ Patreon: https://www.patreon.com/housedudes Follow Josh Koth and Jack Hoss on their journey towards financial freedom using the power of Real Estate through the REI Rookies Podcast (Real Estate Investing Rookies Podcast). We share our experiences as we acquire rental properties, build net worth, and work towards financial freedom. We are focused on creating wealth through conventional and creative real estate investing while improving our financial education. If you are a fan of Rich Dad Poor Dad by Robert Kiyosaki and Millionaire Real Estate Investor by Gary Keller or are looking for an alternative to the Dave Ramsey, Jim Cramer, Motley Fool or Suze Orman shows we invite you to subscribe today!

Eric Satz (rhymes with “cats”), founder and CEO of AltoIRA, is a serial entrepreneur who’s seen both wins and losses. Eric knows investing is no longer just for the wealthy, and is living out his mission of delivering 21st-century investment opportunities to everyone, even non-accredited investors. Eric is a former investment banker and early-stage investor with a passion for nurturing startups and raising capital. He teaches an entrepreneurship class to high... More info at HouseDudesPodcast.com

How does your retirement fund look? Is it growing as fast as you'd like?  Eric Satz of AltoIRA has an innovative new way for "regular folks" to invest like the rich and get returns that are just not possible with "traditional" plans.  Make sure to check out the interview if you want to have your money work for you.   (If you're happy with being "average" with your investments, no need to watch this episode.)   Get the book for free! Work the System: The Simple Mechanics of Making More and Working Less is in its third edition, has helped tens of thousands of business owners and managers finally break free and take their businesses to the next level. You’ll find: -The simple mindset “tweak” that will change everything -No feel-good theory, no psycho-babble and no take-my-word-for-it promises -Practical and believable real-word solutions you can implement TODAY. -A wide assortment of additional free resources that you can immediately put to work Grab your free copy at: https://bit.ly/2m4dhMV    

Eric Satz, CEO of Alto IRA and retirement planning advocate, joins us in today’s episode. He is on a mission to enable everyone to invest their retirement money in alternative investments⁠. He actively campaigns for drastic information dissemination among retirees to save them from potential poverty in the future. Diversifying Investments Regular listeners might remember the teachings of prior guests like David Osborne or Pat Hiban or Dorie Clark. These smart people recommend a diverse investment strategy that creates multiple income streams over time. Such a strategy will help investors achieve the amazing goal of having investments pay for all expenses. Eric Satz also promulgates diversifying investments, especially for retirees. He acknowledges the importance of various platforms today, where resources can be easily uploaded and disseminated. Eric and his team from Alto IRA provide information on alternative investments such as private startups, growth companies, real estate, loans, and digital assets and currencies. “The idea is to open up areas of investment that have the potential to generate higher returns, higher yield and greater levels of current income⁠—so that we are all in a better position to retire.” - Eric Satz Alarming Truths About Retirement Eric started his mission with straightforward and entrepreneurial motivation. There is a huge market opportunity of 30 trillion US dollars, sitting in retirement savings. However, only 1% of this amount is invested in alternative assets, instead of around 10 or 20%. “Investing is proactive, saving is passive. If we don't change the way we invest, 25 million Americans—elderly Americans—basically will be living in poverty.” - Eric Satz Eric wanted to fight the conventional wisdom of financial advisors. He considers America to be under a retirement crisis up until 2050. He promotes diversification in investing in businesses commonly considered by upper-middle-class and the elites, like real estate. Save and Invest Further, into this episode, Lochhead mentions the importance of having investments while saving on the side. He further says that retirees should take the opportunity to invest aggressively because of the changing of public-market-private-market dynamics. With a projected 46% increase in capital gains annually, an avid saver can plot his or her retirement early. To hear more about alternative investing and more relevant information from Eric, download and listen to the episode. Bio: Eric Satz, Founder/CEO Alto IRA An entrepreneur and former investment banker, Eric worked for DLJ/Credit Suisse First Boston before co-founding Currenex, Plumgood Food, and Tennessee Community Ventures, a VC firm. Eric served on the Board of the TVA from 2015-January 2019, and he teaches an entrepreneurship class to high school students. A Miami native and diehard 'Canes and Dolphins fan, Eric went to Amherst College. After years in NYC and then San Francisco, he and his wife moved to Nashville, her hometown, to raise their kids. When he's not breathing life into startup companies, Eric loves to ski, play soccer, and practice yoga. Links: Altoira Eric Satz - Linkedin Alto Ira Raises Seed Round - Hypepotamus Will Wall Street be able to earn the trust of younger investors Book: Rescuing Retirement: A Plan to Guarantee Retirement Security for All Americans We hope you enjoyed Eric Satz on this episode of Follow Your Different™! Christopher loves hearing from his listeners. Feel free to email him, connect on Facebook, Twitter, Instagram and subscribe on iTunes!

Eric Satz (rhymes with “cats”), founder and CEO of Alto IRA, is a serial entrepreneur who’s seen both wins and losses. Eric knows investing is no longer just for the wealthy, and is living out his mission of delivering 21st-century investment opportunities to everyone, even non-accredited investors. Eric is a former investment banker and early-stage investor with a passion for nurturing startups and raising capital. He teaches an entrepreneurship class to high school students in Nashville and served on the Board of the Tennessee Valley Authority from 2015-2018. Through Alto IRA, Eric is making alternative asset investing available to all by giving people the support they need to choose amd make their own investments using their IRA savings.   Podcast Highlights Who is Eric Satz? Eric is a product of his parents, two very different individuals. Both had significant impacts on who Eric became in life with his mom bringing the entrepreneurial mindset and his father the steadiness and in many ways an entrepreneurial spirit of his own. Eric started out his career as an entrepreneur selling classically selling lemonade and delivering newspapers. Once he graduated, he went from academia to Wall Street to a company called DLJ. It was there that he worked with a number of entrepreneur clients. From DLJ, Eric opened up a coffee bar in New York City in the same year that Starbucks opened their first NYC venue. That was Eric’s first real failure, but luckily that paved the way for Eric to get back on Wall Street. Long story short, Eric has opened an online foreign currency exchange, since moved to Nashville, started an online organic grocery delivery business, and venture capital firm. It was at that last one where Eric discovered the opportunity to invest an IRA in alternative assets, also known as the alternative IRA. Now, Eric’s mission is to give everyone in America to have the choice in retirement. If nothing changes the way we invest today we will have 25 million Americans living in poverty by 2050. Retirement and Location The financial industry has gone to investments in ETS mutual funds and index funds, and that means the expectations for returns shouldn’t be any higher than 4-6%, which is a big problem for people that are looking to retire. Another problem is the public market has changed, the average person no longer has the opportunity to participate in most deals until they are already overvalued. Most people raising money don’t know they can accept IRA money as investment, as much as people who have money in their IRA know they can invest it in privately owned businesses. 90% of all savings in the country reside in retirement accounts. Eric’s alternative IRA platform has solved this problem by making it simple and easy for people to invest their IRA money. There are a lot of sophisticated investors don’t know that this kind of investing is even possible. The Alternative IRA Alternative assets are not publicly traded securities which can be bought through a traditional broker. Also, a self directed IRA is not an alternative IRA. With a self directed IRA, you only have the choice between the approved list of publicly traded securities. Retirement savings dollars should be invested in long term, illiquid assets because those are the assets that will generate the returns you need to get to actually retire. Investing in liquid assets like stocks and mutual funds for retirement is exactly backwards. Accredited Investors The idea of an accredited investor has its origins in the Securities Act in 1933 and 1934. They were originally created to protect investors from shady people investing their money in railroads that were never going to be built and at the time, they probably

Eric Satz is the founder and CEO of AltoIRA and a serial entrepreneur who's seen both wins and losses. His mission is to deliver 21st-century investment opportunities to everyone, even non-accredited investors.   Eric is a former investment banker and early-stage investor with a passion for nurturing startups and raising capital. He teaches an entrepreneurship class to high school students in his hometown of Nashville.   Links: AltoIRA.com EricStaz@altoira.com

Eric saw a problem in the marketplace, created a solution for himself, and is now helping others do the same thing he did. Taking IRA savings and investing in private companies was a complicated process before, now Eric and his team make it easy for their clients. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “That’s what we call a big market opportunity” - Eric Satz Eric Satz Real Estate Background: Founder and CEO of AltoIRA His mission is to make 21st-century investment opportunities available to everyone, not just accredited investors Based in Nashville, TN Say hi to him at How great would it be to buy a piece of institutional-quality, income-producing commercial buildings?  Now you can… with . It’s NOT A REIT or a fund. is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at

ABOUT: Eric Satz knows that investing is no longer just for the wealthy. Together with his team at AltoIRA, Eric is living out his mission of delivering 21st-century investment opportunities to everyone, including non-accredited investors. Through the AltoIRA platform, Eric is making alternative asset investing available to all by giving people the support they need to choose and make their own investments using their IRA savings. Eric is a serial entrepreneur with both wins and losses on his scorer’s sheet. He is a former investment banker and early-stage investor with a passion for nurturing startups and raising capital. He served on the Board of the Tennessee Valley Authority from 2015-2018, and he teaches an entrepreneurship class to high school students. A Miami native and diehard ‘Canes and Dolphins fan, Eric went to Amherst College. After years in NYC and then San Francisco, he and his wife moved to Nashville, her hometown, to raise their kids. When he’s not breathing life into startup companies, Eric loves to ski, play soccer, and practice yoga. STAY CONNECTED: www.altoira.com ___________________________ Thank you again for joining us today please check out our webpage at www.riseupforyou.com for more podcast episodes, webinars, articles, free resources, and events to help you get to the next level in your life! You can also follow us on Twitter, Facebook, Instagram, Google+, and Youtube @riseupforyou If you know anybody that would benefit from this episode please share it with them and help spread the knowledge and motivation. Please support Rise Up For You by writing a review on iTunes. Your feedback will really help the success of our show and push us to continuously be better! So don’t forget to show your support!

If you want to know some options to open the door to alternative investments and also understand a little bit more about self-directed IRA, you have to listen to Curtis talking to Eric Satz. Eric is an entrepreneur, former investment banker, and CEO of Altoira. His company brings people the access and help they need to invest in what they want using their IRA savings.   Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com   Links and Resources from this Episode www.practicalwealthadvisors.com Email Curtis for a free report - curtmay@gmail.com Call his office - 610-622-3121 Connect with Eric Satz https://www.linkedin.com/in/eric-satz-0b02781 https://twitter.com/ericsatz?lang=es https://www.altoira.com/ https://www.altoira.com/team   Special Listener Gift Schedule a 15-Minute Call with Curtis Free Ebook Financial Planning Has Failed   Show Notes Eric's background - 0:52 Self-directed IRA - 2:11 Empowering every investor with the ability to know their financial future - 3:55 The private market investment returns - 7:17 The different stages of ALTO - 8:13 Supporting people on how to invest in private companies - 9:27 How investing had changed over the years - 10:00 The biggest change in the alternative investments market in the last few years - 11:00 What are alternative assets - 12:26 Retirement money is long-term money - 13:21 IRA and 401(K) - 14:20 Crowdfunding platforms as investment platforms - 14:46 The universal opportunity zone - 16:00 Eric talks about his professional career as a former banker - 18:30 Eric's experience teaching kids - 22:20 The importance of listening to podcasts to know more about the financial industry - 27:25 Looking for ways to improve your capital - 30:12 You always need to create value first - 32:29 The best way to know more about "Altoira" - 33:20   Review, Subscribe and Share If you like what you hear please leave a review by clicking here   Make sure you're subscribed to the podcast so you get the latest episodes. Click here to subscribe with Apple Podcasts Click here to subscribe with Spotify Click here to subscribe with Stitcher Click here to subscribe with RSS

You can’t invest in Beanie Babies, but you can invest in more than just stocks and bonds in your IRA. Eric Satz of AltoIRA joins us to discuss alternative investing options for your retirement accounts. Sponsored link: www.molekule.com code fool75.

Lou Harvey, president of Dalbar Inc. discussed his firm's latest survey showing that the moves investors make ultimately put them behind the market and the funds they own, noting that the problem was particularly acute in 2018 when a market downturn shaved more than 4 percent off the Standard and Poor's 500 but took more than twice that amount out of the portfolio of the average investor who made moves hoping to avoid potential losses. Also on the show, Peter Lang and Jeffrey Corliss of HighTower Advisors discuss longevity planning and financial stress tests, Eric Satz of AltoIRA discusses the use of alternative investments in retirement-savings vehicles, and Stuart Ritter of T. Rowe Price covers the surprising savings habits of gig-economy workers.

Download This Awesome Podcast: https://bit.ly/2Z3tUqI   Eric Satz is the Founder and CEO of AltoIRA. Together with his team at AltoIRA, Eric is living out his mission of delivering 21st -century investment opportunities to everyone, including nonaccredited investors. Through the AltoIRA platform, Eric is making alternative asset investing available to all by giving people the support they need to choose and make their own investments using their IRA savings. Eric is a serial entrepreneur with both wins and losses on his scorer's sheet. He is a former investment banker and early-stage investor with a passion for nurturing startups and raising capital. He served on the Board of the Tennessee Valley Authority from 2015-2018, and he teaches an entrepreneurship class to high school students. A Miami native and diehard ‘Canes and Dolphins fan, Eric went to Amherst College. After years in NYC and then San Francisco, he and his wife moved to Nashville, her hometown, to raise their kids. When he's not breathing life into startup companies, Eric loves to ski, play soccer, and practice yoga. Some topics covered: - What drove Eric to this platform and why did he get started ? -Was the customer service in the self-directed IRA have an impact on Eric's decision? -What is AltoIRA's mission -Where can you and where can you not use your self-directed IRA account? -What about investing in something you're an active participant in? -What are some advantages Eric has taken from other areas and used in IRA? -When people want to invest with Eric, what are other popular assets classes they want to invest in? -What are some objections Eric hears from people regarding self-directed IRA? -What does the future look like for AltoIRA? What is the objective or goal? -Best way to connect with Eric and learn more about AltoIRA: www.AltoIRA.com  or email help@altoira.com  or email Eric directly at ericsatz@altoira.com       As always we thank you so much for your support.          We appreciate you for listening. If you like what you hear it would mean a lot if you can give us a 5 star rating and review on iTunes. https://goo.gl/N4pp6T Google Play - https://goo.gl/RHjVzX Podcast on YouTube: https://youtu.be/F9XCSJNE3gQ Check out our Facebook page at Yarusi Holdings. https://www.facebook.com/YarusiHoldings/ REI Foundation Podcast: https://thereifoundation.libsyn.com/ Jason Yarusi: https://goo.gl/maps/gQxAKY2vRnJ2 Yarusi Holdings: https://goo.gl/maps/r6C864Cc8WM2 Real Estate Foundation Podcast: https://goo.gl/maps/TpM43UPhKHD2 For our YouTube Channel click here. https://goo.gl/SJiYh A full list of podcasts are available at https://www.yarusiholdings.com/podcast/ And if you have any questions feel free to reach us at info@yarusiholdings.com See acast.com/privacy for privacy and opt-out information.

Eric Satz knows that investing is no longer just for the wealthy. Together with his team at AltoIRA, Eric is living out his mission of delivering 21st-century investment opportunities to everyone, including non-accredited investors. Through the AltoIRA platform, Eric is making alternative asset investing available to all by giving people the support they need to choose and make their own investments using their IRA savings. Eric is a serial entrepreneur with both wins and losses on his scorer's sheet. He is a former investment banker and early-stage investor with a passion for nurturing startups and raising capital. He served on the Board of the Tennessee Valley Authority from 2015-2018, and he teaches an entrepreneurship class to high school students. A Miami native and diehard ‘Canes and Dolphins fan, Eric went to Amherst College. After years in NYC and then San Francisco, he and his wife moved to Nashville, her hometown, to raise their kids. When he's not breathing life into startup companies, Eric loves to ski, play soccer, and practice yoga. Key Points Alternative vs. traditional asset classes How technology is disrupting real estate Why control of your investments is important to you How to invest in real estate through IRAs Opportunity zones Resources Visit http://m/gp/product/B00NB86OYE/ref=as_li_tl?ie=UTF8&tag=jacob0ee-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=B00NB86OYE&linkId=100a9d2905599266aa7088bba0a33d55 (Audible) for a free trail and free audio book download! https://www.altoira.com/ (Alto IRA)  

In true Stacking Benjamins fashion today we're all about the Tooth Fairy. A new Delta Dental study shows that the Tooth Fairy is leaving less money for children's teeth. Does this mean the economy is weakening? Does it mean that the value of teeth are lower? Helping us out today we welcome special guest Susan Beacham from MoneySavvy.com. Also on today's motley crew, is Paula Pant from AffordAnything.com, and rounding out our gang is Len Penzo from the LenPenzo.com blog. Halfway through the show, we'll take a break from our discussion with Susan and the rest of the gang to cover a long running IRA problem. Have you been looking for a place to make investing in alternative investments easier inside of your IRA? During our Fintech segment Joe will talk to Eric Satz, CEO of IRA company Alto, about what his company is doing to help streamline the process. Then we'll answer a Magnify Money call for help from Lauren, who wants to save money for her kid's college fund, but is weary about the restrictions that come with using a traditional 529 plan. What other college savings vehicles are available for her? As always, of course, we'll still save some time for Doug's trivia. Thanks to Airbnb for supporting Stacking Benjamins. Go to Airbnb.com/SB to start hosting. You’ll receive a $100 Amazon Gift Card if you generate $500 in booking value by May 30. Terms and conditions apply.

This was an excellent conversation, unfortunately my audio interface had some issues and I’m sorry for the feedback from my mic, however this is a great interview and is full of so many nuggets. On today's episode of Wealthy Wellthy Wise is Eric Satz. Eric is a former investment banker and he's an early stage investor with a passion for nurturing startups and raising Capital. Eric is living out his mission of delivering 21st-century investment opportunities to everyone, including non-accredited investors. Eric together with his team at AltoIRA, are making alternative asset investing available to all by giving people the support they need to choose and make their own investments using their IRA savings. In this episode, Eric and I discuss different types of IRAs, especially the difference between what he calls an alternative IRA and a regular IRA. We talk about the benefits of using IRAs as a retirement vehicle and alternative places to invest including missed opportunities with crowdfunding options and insurance. Eric’s genius is the IRA, I personally don't use IRAs but I learned a ton from our conversation. If you'd like to learn more about IRAs be sure to listen! For show notes and more info visit: http://wealthywellthy.life/128

On this show, we talked about what alternative investing is, how it’s changed over the past 15 years and how people can being investing with Eric Satz, Founder and CEO of Alto IRA.  Listen to learn about the various alternative investment opportunities available to the ordinary investor! For the Difference Making Tip, scan ahead to 18:47. You can learn more about Eric at AltoIRA.com, and LinkedIn. Please subscribe to the show however you’re listening, leave a review and share it with someone who appreciates good ideas. You can learn more about the show at GeorgeGrombacher.com, or contact George at Contact@GeorgeGrombacher.com.